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Full-Text Articles in Law
Office Hours: What's The Deal With Bitcoin?, Jeffrey Bellin, Michaela Lieberman, Eric D. Chason
Office Hours: What's The Deal With Bitcoin?, Jeffrey Bellin, Michaela Lieberman, Eric D. Chason
Eric D. Chason
February 6, 2018: Today’s guest is William & Mary Law School Professor Eric Chason who discusses the legal implications of Bitcoin, while also telling us about his childhood, musical talents, and more.
How Bitcoin Functions As Property Law, Eric D. Chason
How Bitcoin Functions As Property Law, Eric D. Chason
Eric D. Chason
Bitcoin replicates many of the formal aspects of real estate transactions. Bitcoin transactions have features that closely resemble grantor names, grantee names, legal descriptions, and signatures found in real property deeds. While these “Bitcoin deeds” may be interesting, they are not profound. Bitcoin goes beyond creating simple digital deeds, however, and replicates important institutional aspects of real estate transactions, in particular recordation and title assurance. Deeds to real property are recorded in a central repository (e.g., the public records office), which the parties (and the public) can search to determine title. When one grantor executes more than one deed covering …
A Conceptual Framework For The Regulation Of Cryptocurrencies, Omri Y. Marian
A Conceptual Framework For The Regulation Of Cryptocurrencies, Omri Y. Marian
Omri Y Marian
This Essay proposes a conceptual framework for the regulation of transactions involving cryptocurrencies. Cryptocurrencies offer tremendous opportunities for innovation and development but are also uniquely suited to facilitate illicit behavior. The regulatory framework suggested herein is intended to support (or at least not impair) cryptocurrencies’ innovative potential. At the same time, it aims to disrupt cryptocurrencies’ criminal utility. To achieve these purposes, this Essay proposes a regulatory framework that imposes costs on the characteristics of cryptocurrencies that make them especially useful for criminal behavior (in particular, anonymity) but does not impose costs on characteristics that are at the core of …