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A comment on Every important person in BitCoin just got subpoenaed by NY financial regulators. Parent comment

Re:Every important person in BitCoin just got subpoenaed by ... by betterunix on Monday August 12, 2013 @09:43PM (#6203517)
"the messages represent value in the same way that paper money does."

I doubt that, since paper money is guaranteed by law to at least be accepted by the government for tax payments. There are no guarantees at all with Bitcoin.

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Re:Every important person in BitCoin just got subpoenaed by ... by lutusp on Tuesday August 13, 2013 @03:28AM (#6204440)
> I doubt that, since paper money is guaranteed by law to at least be accepted by the government for tax payments.

Fair enough. I think over time that will change -- either the bitcoin idea will evaporate, or they will come to be accepted by all sectors of the economy.

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