Bitcoin is Gaining Legitimacy in Europe as Dutch Court Deems it Transferable Value

Earlier this week, a Dutch court described bitcoin as a transferable value during a case that requested Koinz Trading BV to pay mining proceeds worth $ 5,000, or 0.591. The court explicitly stated that property rights apply to bitcoin, given that as a cryptocurrency, it is able to transfer value in a peer-to-peer …
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MARK-TO-MARKET: Bitcoin: Market plunge re-ignites debate on legitimacy

According to price data on the popular cryptocurrency exchange Coinbase, in a three-day span, the price of a single Bitcoin fell $ 4,246, or 30 percent. Etherium and Litecoin, two other popular cryptocurrencies, lost 37 percent and 35 percent of their value, respectively. Even after the initial three-day …
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More Mainstream Use Cases Needed to Secure Bitcoin's Legitimacy (bitcoinmagazine.com)

Blockchain technologies like the one that underpins Bitcoin are gaining wide acceptance across industry sectors from finance to healthcare to real estate. Bitcoin itself, however, is still struggling with legitimacy and regulation issues. Just this week, the fact that bitcoin was chosen as the payment method for the latest round of global data ransomware

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