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2018
Abstract This chapter explains how the law, generally, has little difficulty dealing with things which do not physically exist. Loans, patents, payment obligations, and service contracts create a complex matrix of intangible but identifiable and enforceable legal obligations.
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Abstract This chapter explains how the law, generally, has little difficulty dealing with things which do not physically exist. Loans, patents, payment obligations, and service contracts create a complex matrix of intangible but identifiable and enforceable legal obligations.
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VIRTUAL CURRENCY OF A VIRTUAL ECONOMY
Labour and Social Relations Journal, 2020Manir Saidovich Khalikov +1 more
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Bitcoin as a virtual currency [PDF]
, 2015 The aim of this article is to show the position of Bitcoin among virtual currencies. On the basis of the reports published by the European Central Bank and The Financial Action Task Force, as well as the available Internet and primary sources, there have been presented the types and the history of virtual currencies, the way in which Bitcoin functions ...
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IEEE Spectrum, 2012
Virtual currency is what you use to pay for a virtual tractor for your virtual farm or for a healing elixir for your avatar. But the market for digital scrip is expanding, leading some to speculate that virtual currencies will one day grow so large that they'll have a big effect on real-world economies.
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Virtual currency is what you use to pay for a virtual tractor for your virtual farm or for a healing elixir for your avatar. But the market for digital scrip is expanding, leading some to speculate that virtual currencies will one day grow so large that they'll have a big effect on real-world economies.
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Bitcoin Decentralized Virtual Currency
2014Bitcoin was created as an electronic version of cash. The decentralized currency is revolutionary for its use of a distributed ledger. Rather than a central ledger held by a third party requiring trust of that third party, Bitcoin distributes that ledger to all users and removes the need for a third-party intermediary.
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Typology and Terminology of Virtual Currencies
2018TYPOLOGY AND TERMINOLOGY OF VIRTUAL CURRENCIES INTRODUCTION OBJECTIVES OF THE CHAPTER – The main objectives of this first chapter are to provide more background to the topic of the research, and to further demarcate its scope. This chapter will attain those objectives by first addressing some of the concerns underlying the core terminology used in ...
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Federal Regulation of Virtual Currencies
2018We examine how the U.S. federal government, which initially was slow in examining and prosecuting violations of law brought about by the misuse of virtual currencies, has now taken aggressive action against parties who either deliberately or carelessly act in violation of the rights of users and customers. We examine the role of the U.S. Securities and
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States’ Regulation of Virtual Currencies
2018We proceed with a review of all of the states and their endeavors to deal with the latest innovative technologies. We note that states have many varying views concerning whether to regulate, the websites to warn inhabitants of the risks of virtual currency investments, whether to tax transactions, or even welcome their advent viewing the innovations as
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