Financial P2P transactions have taken place for centuries and are perfectly legal. Making them digital shouldn't change that.

Peer-to-peer networks are quite common in small offices that do not use a dedicated file server. All client versions of Windows, Mac and Linux can function as nodes in a peer-to-peer network and ...

Instead it relies on peer-to-peer software and cryptography. A public ledger records all bitcoin transactions and copies are held on servers around the world. Anyone with a spare computer can set ...