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[–] SurfinMindWaves ago 

That doesn't tell me why it is legal. I understand fiat currency, but the government stops people from printing their own.

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[–] BigVern 0 points 1 point (+1|-0) ago 

I'm sure you are free to print off your own "SMW Bucks" and provided that you never try to pass them off as dollars or try to pay your taxes with them then you won't be arrested. The key to getting people to accept them is you have to convince them that they have value, this is almost impossible.

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[–] 18589183? 0 points 1 point (+1|-0) ago 

It's legal to exchange currency. There is no "print" and bitcoin is similar to international currency. Big government sees it as a threat when the bitcoin value challenges the USD. It's not illegal, at least yet.