In this white paper , the authors analyze the treatment of bitcoin under applicable U.S. property law. The authors conclude that property interests should exist in bitcoin under such law, and that multiple sources of persuasive authority provide additional support for that conclusion. The paper is divided into 5 parts:
Each part offers an in-depth analysis of legal issues. For example, under the discussion of property interests in bitcoins held in custody, the authors discuss the differences between specific and general deposits and how these concepts could be applied to deposited bitcoin in a custodial arrangement.