TSA attempts to stop a man from bringing bitcoin onto a plane http://www.businessinsider.com/bitcoin-tsa-screening-2014-2 … no that’s not a typo
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@sarahjeong wait, how does bitcoin interact with the provisions about bringing currency through customs anyway
@vogon if FinCEN doesn’t define it as “currency” or a negotiable monetary instrument, not applicable. BTC currently not defined as currency.
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@sarahjeong yeah I'm wondering whether that's just because they haven't had to rule on whether it's a negotiable monetary instrument or not -
@sarahjeong it seems like it's at least as negotiable as a bearer bond or traveler's check -
@vogon Hmmm. Well, it depends, right? Verifiable instruments have an imprimatur of legitimacy controlled by a centralized system... -
@vogon …it may be the case that something totally decentralized just shouldn’t fall under that definition. -
@sarahjeong well I'm mostly thinking in terms of "being a store of value that can be transferred without the intervention of a third party" -
@vogon Bitcoin reminds me more of a commodity than an instrument. No promise attached to it that you can “cash” it out.
Fin de la conversation
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