Government & Legislation, Oddstuff

Bitcoin stuff

All you need to know about Bitcoin and its risks and possible future developments:

http://www.nortonrosefulbright.com/au/knowledge/publications/119023/bitcoin-and-your-business-what-you-need-to-know

My take-away from this is that Bitcoin should be looked at not as a currency, but rather as a commodity. You buy Bitcoin the same way you buy lets say gold.  So whatever your Bitcoin is worth depends on the market.  Main difference though is that every Bitcoin trade is unregulated and its all a bit unclear where your ‘assets’ actually are and what and who determines the exchange rates.

At this stage, clearly something for people who also like playing poker or Blackjack.