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If it's intended to be a store of value, it's an asset, not a currency. Like property.
by charlesdm 9y ago
If it's intended to be a store of value, it's an asset, not a currency. Like property.
- npongratz 9y agoI think I do not understand. If I possess a certain amount of currency, is it not my property? And why would it matter what's the "intended" usage of it? Who determines intent? Might every holder of the asset/currency/property (whatever one calls it) have different intentions for it?
- charlesdm 9y agoProperty, as in real estate. :)
- deadmetheny 9y agoThings have meanings in legal terms that are different from conversational terms, you know.