Above the Law Reports….
Bitcoin, the preferred currency of both the nerd you cheated off in ninth grade and his crystal meth dealer, is one of those technologies that just won’t go away. The “cryptocurrency” discovered by computational “digging” brings goldbugs that one delicious step closer to a privatized monetary supply full of wild speculative bubbles and devastating crashes, just like Ayn Rand would have wanted. But beyond Bitcoin proper, the technology involved, known as “Blockchain,” could influence the way we do business in any number of ways.
And Steptoe & Johnson wants to lead on this evolving area of law, announcing that partner Jason Weinstein and counsel Alan Cohn will head up a Blockchain and Digital Currency practice.
