Judge Shoots Down 'Bitcoin Isn't Money' Argument in Silk Road Trial

...And all the other arguments made by the defense. Not looking good for Ross

http://www.wired.com/2014/07/silkroad-bitcoin-isnt-money/


Comments


[8 Points] Enigmaticcore:

It seems to me like the government tends to define when Bitcoins are money or not depending on convenience.


[6 Points] Deafcunt:

REJECTED.

And 30 years old? Did he have a birthday in jail? :(

Thanks for the link deepdot, interesting read as always.


[3 Points] datdropdoe:

The argument Ross' defense was using was a Hail Mary. It simply doesn't matter if bitcoin is considered "money" or not; for the purposes of Silk Road administration it was used as a financial instrument to facilitate transactions. That's all that matters.


[2 Points] LogCabinDude:

How fucking bad ass would it be if some Colombian drug cartel just overpowered the courthouse and took Ross out of there. I could see the conversation now in the back of the get away car......

"Ok kid...... Now, what's that wallet password again?" lol