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If you need to 'cash out' it's not a 'currency'.
by _Codemonkeyism 8y ago
If you need to 'cash out' it's not a 'currency'.
- fwdpropaganda 8y agoA) Regardless of whether you're right or wrong, that's just a discussion about labels. Call it whatever you want, my point still stands: the transfers are decentralized but the exchanges are centralized. B) Even though my point does not depend on whether you're right or wrong, you're wrong. I have USD in my bank but I have to cash them out into GBP. So according to your "reasoning", USD is not a currency? Of course it is, you're just talking nonsense.
- _Codemonkeyism 8y agoThe money in your bank account is no currency. Either a currency is something you can buy things with, or it's a label with exchange rates. In the first case it can't be something that needs to be cashed out. In the second case you can't buy something and the thing you buy other things with is money. You're usage of Bitcoin, money, GDP, USD and currency is willynilly.
- fwdpropaganda 8y agoYou have added zero to this conversation.
- _Codemonkeyism 8y agoDoes personally attack people get you somewhere in real live, I wonder?
- fwdpropaganda 8y ago> Does personally attack people get you somewhere in real live, I wonder? I didn't personally attack you. I said you have added nothing. That comment has nothing to do with your personhood. I think you don't know what a "personal attack" is. Or a "currency", for that matter.
- RasputinsBro 8y agoI'm a trader and we call it currency.
- fwdpropaganda 8y ago> You're usage of Bitcoin, money, GDP, USD and currency is willynilly. Your usage of the English language is wilynilly.