Blockchain software, like Bitcoin, are computer programs that allow users to transmit information to one another within the confines of a distributed-ledger transaction model. Some blockchain advocates argue that software systems like Bitcoin are shielded by the First Amendment and exempt from regulation under several theories
FIU Law Review Member Andrew Balthazor authored “APPLYING LESSONS FROM COMBATTING CONFLICT DIAMONDS TO LEGITIMIZE CRYPTOCURRENCIES” for the FIU Law Review legal scholarly blog.
By Andrew Balthazor* Cryptocurrencies like Bitcoin have a legitimacy problem that makes governments and mainstream financial institutions leery. Their portability, quasi-anonymity, and irrevocable transactions make cryptocurrencies attractive to criminals as both a target for theft and as a means of exchange. Controlling cryptocurrencies’ use as the black-market coin of choice will help speed the adoption […]
Articles Editor Kathleen Pfahlert explores the relationship between Bitcoin and taxes.