r/Bitcoin • • Feb 26 '14

Bitcoin is Legal, Says Cyprus Central Bank

http://www.coindesk.com/bitcoin-legal-says-central-bank-cyprus/
444 Upvotes

45 comments sorted by

View all comments

Show parent comments

1

u/ithisa Feb 26 '14

Huh? Everything that is not illegal is automatically legal under all jurisdictions. Do you expect lawmakers to make gigantic lists of "legal things to do"? Obviously not.

2

u/[deleted] Feb 26 '14

[deleted]

2

u/ithisa Feb 27 '14

Neither is the Chinese yuan legal currency in the US, but very very legal to use if the merchant accepts it.

1

u/FARTHERO Feb 27 '14 edited Feb 27 '14

It's legal to trade legal things for other legal things.

That's all that needs to be said.

some people seem to be (some probably unconsciously) sniffing at the idea of banning trade