Bitcoin is not a legal tender money

By Dr Sanjay Chaturvedi, LLB, PhD.

“Bitcoin is an innovative payment network and a new kind of money”, the official website of the Bitcoin claims. “Bitcoin: A Peer-to-Peer Electronic System” a white paper published by the said official website said. The author of the White paper Mr Satoshi Nakamoto maintains in his abstract that “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one