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The fundamental purpose of a currency is to pay taxes and debts. Which means that bitcoin isn't really a currency, it's just a particularly transportable bottl
by neilwilson 9y ago
The fundamental purpose of a currency is to pay taxes and debts.
Which means that bitcoin isn't really a currency, it's just a particularly transportable bottle of wine. Nothing more than an intangible asset.
You still have to swap it for some actual currency at some point - or go to jail for tax evasion.