BitShares Forum

Main => General Discussion => Topic started by: mf-tzo on January 21, 2016, 12:21:05 pm

Title: IMF just published on digital currencies
Post by: mf-tzo on January 21, 2016, 12:21:05 pm

http://www.imf.org/external/pubs/ft/sdn/2016/sdn1603.pdf

Title: Re: IMF just published on digital currencies
Post by: giant middle finger on January 21, 2016, 01:32:48 pm

oh shit!

I did not realize that there was, in fact, a "legal definition of MY money"

From the doc:



ARE VIRTUAL CURRENCIES MONEY?
16. Several questions arise when considering the role of VCs as money

Do they satisfy the legal definition of money?




good thing that there is no BitShares "Foundation,"  otherwise, they might be asked to talk to other humans:

https://www.washingtonpost.com/news/the-switch/wp/2013/11/21/heres-how-bitcoin-charmed-washington/

Good thing that an "indestructible profitable robot" could never be mistaken as a "money" whatever the legal definition for that is...

Title: Re: IMF just published on digital currencies
Post by: BunkerChainLabs-DataSecurityNode on January 21, 2016, 02:33:08 pm

Its just staff notes apparently... they are trying to figure it all out. Give them another 5 years.