Eric Mack of CNET news has just released an article titled, "
Are physical Bitcoins legal?" He compares it to the recent case of "Liberty Dollars", which appear to be designed to look like U.S. legal tender.
Liberty Dollar
The man responsible for creating the Liberty Dollar, Bernard von NotHaus, was convicted of "making coins resembling and similar to United States coins." When I look at a Casascius bitcoin it does in no way resemble a U.S. coin.
Casascius Bitcoin
Here are some other alternative currencies that were created that are completely legal.
Ithaca Hours (Legal)
BerkShares (Legal)
Twin Towers Silver Coin (Legal)
Happy Halloween Silver Coin Available at Apmex (Legal)
Zynga ZCoins (Legal)
Facebook Credits (Legal)
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