US District Judge: “Bitcoin is Money”

By August 22, 2014Bitcoin Business

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G+PinterestThe question of whether or not Bitcoin is money, property or a commodity took one step closer as a Federal judge ruled in the case of Robert Faiella, 54 and Charles Shrem, 24, that Bitcoin was money.This case is actually not the only ruling on the issue by US courts that called Bitcoin money. The judge did not agree with the defense’s idea that Bitcoin was not money saying Bitcoin "clearly qualifies as ‘money’ […]

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