‘According to the government Bitcoin must have quantum properties. It is both a currency and not at the same time. It only picks a state when observed by the government. Schrödinger’s money if you will.’
https://stacker.news/items/519405/r/halalmoney?commentId=519438
“Commodity laundering”
The problem here is the Gov controls both sides of the coin. They’ll slow roll any attempt to have bitcoin classified as money by any means necessary.
They win in the grey areas.
"Bitcoin **is** money."
What it isn't is **legal tender**, as the article states: the "legal" in "tender" is there for a reason.
Legal tender settles debts and pays taxes. You cannot evade paying debts or taxes with private money. That's why Bitcoin **has to be sold**, a profit gained in fiat, for #capitalgains to apply.
So the legal argument (as the article states) should be #privatemoney cannot be laundered and is no concern of the state.
Just replace #gold for #Bitcoin and it will all make sense.
