Which country backs "Bitcoin" as currency?
Even though it sounds like the coolest idea ever, you may want to rethink using the Bitcoin. Bitcoins are peer-to-peer recognized not by a country or corporation like how we back the U.S. Dollar and the Brits back the Pound. This can cause some problems. For example, a web designer was just let off the hook in Miami for Bitcoin laundering on a count of it not actually being a form of currency. That means all those people that thought that getting paid in Bitcoin counts may as well have been getting paid in compliments instead. Source: The Skimm