2015-08-08

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A man seeking repayment for Bitcoin lost in the Mt Gox incident has seen his lawsuit dismissed in a Tokyo District Court, with the judge ruling that the gumblecash is "not subject to ownership" claims. - funny enough.

You know that I repeatedly wrote that I don't think that bitcoin is a particular good way to do electronic cash.

And I can related to the judges finding that you can not "own" bitcoin as you can physical things. However that's the case for all kind of money short of coins made from precious material.

(And I don't think that the Japanese managed to keep their currency backed by Gold.)


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