Quote from: http://www.freedomsphoenix.com/Article/224662-2017-08-31-letter-from-morpheus-update-november-2nd-2017.htm
TO KEEP UPDATED ON MORPHEUS'S CASE, PLEASE VISIT THIS FREEDOM'S PHOENIX LINK: UPDATE 2017-11-02 on Morhpeus Titania, aka Thomas Costanzo, Bitcoin Arrest 4/20 by Federal Agents
SECOND SET OF LETTERS FROM MORPHEUS
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To let you know I will win this case and be exonerated of all charges. There are 2 cases to look up to see why this is true. The first is U.S. vs. Petix. In that case, the charges of money transmitting the charge was dismissed because the court ruled Bitcoin is not money. Bitcoin is an intangible commodity that has the properties of money without government involvement. It's a commodity that functions like money. The properties that allow it to function as money are scarcity (like gold and silver), durability like Gold and Silver (doesn't turn into dust), authenticity can be verified, (this is why gold is stamped), portability (easy to carry), divisibility (easily made into smaller denominations) and fungibility, (one piece cut into 2 is worth the same as one piece). However Bitcoin cannot be classified as money or funds because it cannot be controlled or regulated by the Government. It is outside their ability to control it. Money is something the Government can regulate and control. It is not money.
In the other case, FLA vs. Espinoza the case was dismissed because being that Bitcoin is not money: the case for money laundering and unlicensed money transmitting were both dismissed. So even if I do not win at trial, I will win at the appeal level. Either way, the Government is screwed.
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SECOND SET OF LETTERS FROM MORPHEUS
...
To let you know I will win this case and be exonerated of all charges. There are 2 cases to look up to see why this is true. The first is U.S. vs. Petix. In that case, the charges of money transmitting the charge was dismissed because the court ruled Bitcoin is not money. Bitcoin is an intangible commodity that has the properties of money without government involvement. It's a commodity that functions like money. The properties that allow it to function as money are scarcity (like gold and silver), durability like Gold and Silver (doesn't turn into dust), authenticity can be verified, (this is why gold is stamped), portability (easy to carry), divisibility (easily made into smaller denominations) and fungibility, (one piece cut into 2 is worth the same as one piece). However Bitcoin cannot be classified as money or funds because it cannot be controlled or regulated by the Government. It is outside their ability to control it. Money is something the Government can regulate and control. It is not money.
In the other case, FLA vs. Espinoza the case was dismissed because being that Bitcoin is not money: the case for money laundering and unlicensed money transmitting were both dismissed. So even if I do not win at trial, I will win at the appeal level. Either way, the Government is screwed.
...
Read more at http://www.freedomsphoenix.com/Article/224662-2017-08-31-letter-from-morpheus-update-november-2nd-2017.htm.
