Florida Ruling Denying Bitcoin Is A Currency Draws Mixed Reactions
Bitcoin experts gave different reactions to the Florida court ruling last week that bitcoin is not currency, according to CNBC, including the view that the ruling doesn’t have much impact on the cryptocurrency’s future.
Florida judge Teresa Pooler dismissed felony charges against Michell Espinoza who sold bitcoins to an undercover detective. Pooler ruled that bitcoins are not tangible wealth. She noted bitcoins cannot be hidden under a mattress like gold bars and cash. The prosecution charged Espinoza with violating an anti-money laundering statute.
https://www.cryptocoinsnews.com/florida-ruling-denying-bitcoin-currency-draws-mixed-reactions/