Quote:
Originally Posted by Kickrocks
I doubt the government will ever let it become too mainstream. They want to be able to control the value.
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A federal judge in Florida has already gone on record in open court and declared that bit coin is not money. If it's not money in the eyes of the law then if I pay a girl in bit coins then our transaction can't be illegal, imo.
Tip to providers wanting to accept it, you must understand that it is an investment and not money up front. If you cash out too soon up you'll short change yourself.