‘Money Has Changed Over Time’: US Supreme Court Cites Bitcoin in Positive Light

in bitcoin •  6 years ago 

Moreover, what we view as money has changed over time. Cowrie shells once were such a medium but no longer are; our currency originally included gold coins and bullion, but, after 1934, gold could not be used as a medium of exchange; perhaps one day employees will be paid in Bitcoin or some other type of cryptocurrency.

I believe this is an important big picture article about the future of bitcoin and money in general. Although the article is not specifically about bitcoin, the highest court in the land is saying that money is changing. The Supreme Court is known for choosing their words carefully, so to mention crypto as a possible future means of payment is big. Foe example, it would be hard for them to go back on the quote above and all of the sudden rule that crypto was illegal. My opinion anyway. Comment below please....

Read the full story here...
http://bitcoinist.com/us-supreme-court-bitcoin-positive/

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amazing post thank you so much for sharing

You're very welcome :)

The news really hasn't been bad for crypto, just the damn price... :(

It's a good news for cryptonians holder that US Supreme court is understanding the point of view of crypto. who knows one day supreme court declare that Bitcoin is legal. let's hope for the best @onthehook8 Thanks for sharing

You're very welcome, cheers