There has been a growing interest among Free and Open Source Software ("FOSS") projects in the use of crypto-currencies such as Bitcoin and its myriad derivatives (hereinafter "Bitcoin"). However, uncertainty over the treatment of these currencies by US law has dissuaded developers from from using Bitcoin. This post provides some general guidance on the legal consequences of using such convertible virtual currency.
OSCON is probably the single largest annual gathering of free software developers in the world, so it's always a good opportunity for SFLC to catch up with the projects we work with and to make new friends in the community. I only got to spend two days at OSCON 2011, but in that time I met and talked shop (and microbrews and vegan donuts) with lots of folks who are making impressive contributions to free software. I also got to talk about Legal Basics for Developers with Karen Sandler to a fantastic and engaged audience.
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