Quote from: benjamindees on April 25, 2012, 03:57:16 AM

Quote from: DeathAndTaxes on April 24, 2012, 06:40:19 PM

Quote from: benjamindees on April 24, 2012, 06:24:57 PM

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.

Nonsense.

What value is stored? How is it denominated? Who is storing it? How is it redeemed?

Who wants it?