Post
Topic
Board Legal
Re: Giftcard analogy
by
DeathAndTaxes
on 24/04/2012, 18:40:19 UTC
Bitcoins have no implied value, so they aren't subject to this type of regulation to begin with.  They aren't gift cards.
No calling card minutes have implied value?

They fall under FinCen definition of "stored value" the lack of legal precedent doesn't meet Bitcoin won't meet the same definition it just means it hasn't happened yet.