How does the field of Legal Studies define the relevant boundaries of Bitcoin? W

Question

How does the field of Legal Studies define the relevant boundaries of Bitcoin? What are the key terms, theories, and areas of contestation surrounding Bitcoin according to Legal Studies scholars?

I have come up with this answer for the second part of the question but I'm stuck on the first part about relevant boundaries.

Legal boundaries that are relevant to bitcoin are validity of transaction as currency, validity of transaction as foreign currency, tax incidences, filling suit in legal disputes, organizational status of promoters and participators, and monetary and fiscal policies.

Explanation / Answer

For the first part here is the specific answer

According to the field of legal studies bitcoin is in cryptocurrency and does not have any political or National boundaries. It is open to anybody, anywhere in the world. He does not have any regulatory authority hence does not have any legal national or International boundary.

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