Bitcoin is no money on the eyes of Miami judge

in bitcoin •  9 years ago  (edited)

There are multiple headlines coming out of Miami on the ruling of a local judge:

ArsTechnica : Bitcoins aren’t currency, so state money laws don’t apply

Forbes: Miami Judge Rules That Bitcoin Is Not Money

SunSentinel : Bitcoin not the same as money in criminal case

So for all Bitcoin enthusiasts and traders, what will this mean in the future, will this ruling become a trend on cases involving Bitcoins, how far is the law on electronic currencies understanding when it comes to ruling in favor or against anyone involved on these cases ?

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I read that this ruling will not be binding, will not have a bearing on future cases.

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