Pour le Tribunal de Commerce de Nanterre, le bitcoin est un actif incorporel fongible. Une décision importante qui devrait faciliter les opérations en bitcoins et assurer une meilleure liquidité du marché.
regulatory wins keep on coming #Bitcoin 🇫🇷🥖🍷
Translated from French "Indeed, the court considers bitcoin as a fungible intangible asset, which is legally "gender", that is to say an interchangeable good, but not individualizable, just like fiat money."
Holding is usage. It impacts supply and liquidity impacting the broader market, and it fills use cases for the person holding it. Whether they are holding it in a smart contract like a lightning channel or just being their own bank - that is use.
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If that was the case, hoarders are using everything they leave sitting around. This sub has been constantly claiming that coronovirus is another reason to leave behind cash, but so many just dont even use it in the same means as the cash they're saying to leave, which is spending, most cases daily.
It feels like everyone wants this to be some sort of get rich regime over actually upending that which everyone keeps talking about, which is the current monetary systems of the world.
>If that was the case, hoarders are using everything they leave sitting around.
That's not true. There are no practical limits of supply keeping the junk a hoarder might store of value. On the other hand, you see people that hoard things that do have practical supply constraints like classic and high end cars that do have value, or the classic case of gold. More than that bitcoin actually has a function and can be used for many unique use cases beyond just driving down the road - like transferring value permissionlessly and internationally.
>which is spending, most cases daily.
Actually the majority of peoples dollar worth sits in banks or illiquid assets. Bitcoin is both liquid and easily usable as cash. I can anecdotally attest to that ease.
>It feels like everyone wants this to be some sort of get rich regime
Tons of people want that, maybe even the majority. Thankfully what people want or whatever their understanding of bitcoin, the protocol doesn't care. It just keeps doing its job to reduce trust and create a state consensus. Keeps growing and becoming more expensive to attack. Keeps creating value in spite of the loons that have adopted it or that try to control it. I doubt it will ever upend all of modern finance, but it will provide a valuable check to it and governmental mismanagement.
This is literally the second total post that mentions it and the only post that mentions it exclusively. What are you talking about? I'm more inclined to remove it for being french than being repetitive.
I just did a search on this sub to evaluate your claims of repetition and it came up with only two posts in the last week including this one, and again this being the only one explicitly about france of two total, I'd like links to these alleged repetitive posts.
Maybe some posts were removed.
Also, there's been a few countries lately that have passed favorable legislation on crypto, like 4 countries in the last week or so.
India, South Korea, France... Somewhere else.
So maybe that's why they feel like it's repetitive.
I can see the removed posts as a mod. I think you were noticing posts in other subreddits I know I've seen it about a dozen times considering the whole of reddit.
Yeah, the only other post mentioning France in this sub is one of those multi-country lists which is why I allowed this post. If someone could throw up a translated link though I'd be appreciative. We typically don't enable non-english posts.