Bitcoin Declared A 'Transferable Vallue' In a Dutch Court
Good news for bitcoin fans. There was a case of a man who was owed .591 BTC from a private company. He sued after not getting his payment and the court agreed that bitcoin has value and thus the company would have to pay the man. They go on to compare bitcoin to a property right. Woot.
For those of you who are still new to crypto and can't understand why it could be considered a property right it is because bitcoin and other assets on a blockchain are unique and thus treated as tangible. There are only x amount of bitcoin or steem or items in a game. You cannot make more copies of it. When you put something on a blockchain it is limited and thus can be of value. I know it is odd idea for things that are digital, as you are used to making as many copies as you can in the digital world but blockchain tech makes them scarce.
Here is the link for more info:
https://thenextweb.com/hardfork/2018/03/22/bitcoin-dutch-court-value/
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is it the begning.... or it is just the begning.....
This is a small victory for those of us who support Bitcoin! This brings the world one step closer to viewing bitcoin as it was meant to be - a decentralized, peer 2 peer medium of exchange.
Right now, too many people are ignoring the fact that Bitcoin has intrinsic value because of what it is and are instead looking at is as some sort of digital gold whose value can only be measured in national fiat currencies.
Bit-coin become the best Investment ever
it is understood, then it is good news for the world of cryptocurrencies
good content whatageek.
This is very good news.
Slowly, Bitcoin is transforming from a commodity to a currency.
I am new in the world of digital currency crypto.
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Bitcoin is a stand-alone value file, which is sent directly to the payee by the payer if it happens the payment. Therefore the bitcoin represents the value and transferability hand over and qualified verifikas.
I started looking for information about digital money after I join at stemit.
Thanks to science for me today @whatageek
Thanks for this @whatageek I've seen various logo bitcoin.
I was new to this digital currency that could have moved hand over ...
Before I was afraid of losing my bitcoin because I recently in the digital world. But after reading your post I repeatedly so comfortable to me because blokchain amanan here cannot make a copy of the lot, so awake :)
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