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Bitcoin is not modeled to be a currency (= stability in prices denominated in it), it is modeled to be a commodity (= gold).
by sedeki 7y ago
Bitcoin is not modeled to be a currency (= stability in prices denominated in it), it is modeled to be a commodity (= gold).
- Toine 7y agoBitcoin is not a commodity. Commodities have a real word purpose. Gold has inherent value by its uses. That's why you pay a damn fortune to acquire it. What real world use has Bitcoin ? None.
- icebraining 7y agoIs Emerald a commodity?