Issue #1243: Is bitcoin the emergence of a new type of property in the eyes of the law?
tftc.io · 576 words · saved by 1 readers
It is late and I am an idiot, so this assessment could be way off. But this is what makes sense to me intuitively.
Not yet. But Preston Byrne puts forward a solid argument that bitcoin will eventually be labeled a new type of property and its understanding could be different in the US and England. via Preston Byrne's blog This is a very interesting blog post in which Preston Byrne expands on an idea he's publicized since 2018; bitcoin represents a new type of property and this will eventually be recognized by a court of law at some point in the future. If you're looking for something to noodle over during this bear market, your Uncle Marty thinks this is a very stimulating exercise in attempting to…
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