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by youngButEager 3602 days ago
The Feds are probably furious. Replacing the U.S. currency is seen as a threat; any and all alternative types of 'medium of exchange' have been ruthlessly attacked/shut down by the Feds. They could step in and appeal this judge's ruling in the Federal courts to either overrule this Florida judge, or to extremely limit the application of her ruling.

The Feds one year ago sought to take down coin.mx and they will not likely want this Florida judge's ruling to confuse the legality of transferring bitcoin between parties.

https://www.fbi.gov/contact-us/field-offices/newyork/news/pr...

1 comments

Why would they worry? You still need to pay your taxes in USD, and that's not likely to change. Coin.mx didn't report suspicious activity, not because they were at risk of replacing USD