What’s your #Bitcoin #Blockchain meme?
Feb 24, 2017 · 1 min read
Given IRS Memo #1421 / US Supreme Court Alice Corp Vs CLS Bank #573, what is your Bitcoin Blockchain meme?
US Supreme Court Alice Corp Vs CLS Bank “claims may not direct towards abstract ideas” … physical is the opposite of abstract. Internet pings, packets, frames, Bitcoin Blockchain blocks do not physically exist and therefore, are abstract in our opinion
IRS Memo #1421 considers purchased Bitcoin akin to purchasing land — see article “Welcome to Bitcoin Island” https://gendal.me/2014/03/29/welcome-to-bitcoin-island/

