Judge Pooler’s View of Bitcoin Leads to a Debate on Bitcoin’s Status

Judge Pooler’s View of Bitcoin Leads to a Debate on Bitcoin’s Status

Judge Pooler's recent decision to not consider bitcoin as a currency has sparked a debate among the digital currency community about the digital currency's status. What is Bitcoin? If you ask a Bitcoin user, he will call it a form of currency similar to the US dollar or the British Pound Sterling. However, when it comes to the government bureaucracy and the judiciary the answer isn’t that simple. The debate about whether Bitcoin is a currency or a commodity is reignited following the recent judgement in a lawsuit against Michell Espinoza. Michell Espinoza, who was charged with money....


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