Legal Experts Conclude Bitcoin May Not Be Legally Possible to ‘Possess’

In Bitcoin’s cryptographic design, the holder of the key (or keys in the case of multi-signature transactions), whoever holds the key to coins is the decision-maker when it comes to spending them. The fraudulent actions at Mt. Gox and other exchanges were ultimately due to this fact. People made deposits, essentially giving control of their
The post Legal Experts Conclude Bitcoin May Not Be Legally Possible to ‘Possess’ appeared first on CCN