FinCEN Bitcoin Jan Clarification Release 1 by jasonmick
FinCEN Bitcoin Jan Clarification Release 2 by jasonmick
United States vs. Charles Shrem and Robert M. Faiella by timestaff
Sources: U.S. Department of Treasury - FinCEN, 
quote: Not only that. If the data containing some amount of BTC is deleted and no longer recoverable, that amount is gone forever.
quote: You would have to simultaneously wipe the hard drives of millions of computers containing the block chain. For all practical purposes it's impossible.
quote: You would also have to have a giant EMP erase all offline hard drives and flash drives the world over while you are at it.
quote: This is one of the goofiest beliefs taught in modern economics. For example, people KNOW technology products will be cheaper in the future and buy them anyway. Why? Because people will always want to enjoy their money, not hoard it in perpetuity until they die. Do you also think they're going to starve themselves, run around naked, etc? This is wacky stuff. People will spend and save as they see fit with no apocalyptic results.
quote: It would, in fact, be a great boon to citizens for their currency to gain in value. Imports would become cheaper, they'd work less if they wanted, and it'd be easier to save for big expenditures.
quote: For all the excitment, it's a rather confusing time for those who mine or invest in Bitcoin, in terms of what to expect in the U.S. in terms of taxation and regulation.
quote: Money is valuable because it can be used pretty much anywhere to buy anything.