Skip to content

Comment on SEC Charges Texas Man With Running Bitcoin-Denominated Ponzi Schemeparent

Comments

EVE's "ISK" does carry legal risk as they are an operator of a centralized virtual currency.

I think it's mostly a matter of FinCEN et. al. not yet training their sights on ISK, because ISK is not widely supported in terms of fiat-exchange and online purchases.

There's certainly no reason someone couldn't accept ISK on Silk Road in exchange for their magic mushrooms, but the reality is, why take ISK when you could take Bitcoin which has better tools/software for trading, better liquidity, and no centralized control?

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.