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by merty 4962 days ago
For some reason, I always thought it was matter of time that Bitcoin would be declared illegal. People say different things regarding its legality so I will continue to stay away from it, at least for now.

Though, I think Automattic wouldn't accept it as a form of payment if there was such a possibility.

Is there anyone who can enlighten me about the legality of Bitcoin?

3 comments

With no central authority standing behind it's value, right now you are engaging in barter. What is the legality of barter in your jurisdiction?
Bitcoin is an unregulated financial asset, similar to gold. The fact that it exists in digital form makes the whole situation much more complicated.
bitcoin is just ledger entries that can be retitled by cryptographic signature. its protected free speech.