4 ms·
Yes, a "currency" should be treated as an asset, not cash. The pro-BTC arguments are becoming absolutely inane
by puranjay 9y ago
Yes, a "currency" should be treated as an asset, not cash.
The pro-BTC arguments are becoming absolutely inane
- BrianGraggg 9y agoCurrency A currency in the most specific use of the word refers to money in any form when in actual use or circulation as a medium of exchange, especially circulating banknotes and coins. A more general definition is that a currency is a system of money (monetary units) in common use, especially in a nation. Under this definition, British pounds, U.S. dollars, and European euros are examples of currency. Wikipedia
- Beejeepa 9y agoStores-of-value aren't "actually used" nor "medium of exchange". Bitcoin Cash fixes Bitcoin, restoring its utility and will cannibalize Bitcoin's market share.
- lottin 9y agoTo me it sounds like an admission that Bitcoin doesn't work too well as a currency.
- tymmc 9y agoIt's classic goalpost-moving.
- thatcat 9y agoAKA pivoting.