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re: Bitcoin Casinos Release 2012 Earnings

Posted on 1/22/13 at 3:18 pm to
Posted by rmc
Truth or Consequences
Member since Sep 2004
26557 posts
Posted on 1/22/13 at 3:18 pm to
quote:

It's on his hard drive. It isn't currency until he cashes it in.


I'm sure a judge could persuade him to make it into currency.

Tangible goods are placed for sheriff's sale. Currency is garnished (seized). I'm just wondering out loud here.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35614 posts
Posted on 1/22/13 at 3:19 pm to
Understand. There's no laws or regulations concerning Bitcoins currently. That's why they are so attractive to the online gambling industry. The argument is that you're gambling with play money.
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