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A comment on Bitcoin-Central.net is now licensed to operate as a bank in Europe. Parent comment

Re:Bitcoin-Central.net is now licensed to operate as a bank ... by Dylan16807 on Thursday December 06, 2012 @06:17PM (#4884434)
I..what? Nobody can demand you take anything in exchange for products and services. The meaning of legal tender is that you have to take it for debt, but nothing forces you to be a debtor, or to do business with anyone at all. The only way the government can hurt you with money is to devalue it by printing too much.
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Re:Bitcoin-Central.net is now licensed to operate as a bank ... by transpostmeta on Thursday December 06, 2012 @06:27PM (#4884466)
And with bitcoins, nobody can print money. That is the advantage.
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Re:Bitcoin-Central.net is now licensed to operate as a bank ... by jlgreco on Thursday December 06, 2012 @06:30PM (#4884483)
Well no, anybody can print money, but only at predetermined rate.
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Re:Bitcoin-Central.net is now licensed to operate as a bank ... by mtgx on Thursday December 06, 2012 @06:39PM (#4884515)
The value of Bitcoin is also rising much faster than its tiny "inflation" that comes from mining more Bitcoins right now, therefore, even though Bitcoin hasn't reached its maximum number, it still doesn't have inflation right now.
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Re:Bitcoin-Central.net is now licensed to operate as a bank ... by bencoder on Friday December 07, 2012 @08:10AM (#4886729)
Mostly you're correct, but not entirely: http://en.wikipedia.org/wiki/Eminent_domain
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