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California Legalizes Bitcoin

Posted by timothy on from the finally-time-to-cash-in-your-scrip dept.

jfruh (300774) writes "California governor Jerry Brown has signed a law repealing Section 107 of California's Corporations Code, which prohibited companies or individuals from issuing money other than U.S. dollars. Before the law was repealed, not only bitcoin but everything from Amazon Coin to Starbucks Stars were techinically illegal; the law was generally not enforced."

4 of 162 comments (clear)

  1. Re:Bitcoin's day has come. by Anonymous Coward · · Score: 3, Funny

    Finally, with the world's largest economy behind it, it will be unstoppable.

    Its the year of the bitcoin wallet ...

  2. Re:Bitcoin's day has come. by smittyoneeach · · Score: 5, Funny

    On a Linux desktop?

    --
    Get thee glass eyes, and, like a scurvy politician, seem to see things thou dost not.--King Lear
  3. Re:Bitcoin's day has come. by Anonymous Coward · · Score: 2, Funny

    Its the year of the bitcoin wallet ...

    Stallman has announced that it should be called gnubitcoin.

  4. Re:Bitcoin's day has come. by TheInternetGuy · · Score: 4, Funny

    Its the year of the bitcoin wallet ...

    Stallman has announced that it should be called gnubitcoin.

    Makes sense, I've heard that the gnu is very protective of its bits.

    --
    If my comment didn't sound as good in your head as it did in mine, then I guess we all know who's to blame