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No, it (specifically BTC) is not a medium of exchange, according to the author. And, really, how many people out there are actually buying and selling things u
by pmiller2 6y ago
No, it (specifically BTC) is not a medium of exchange, according to the author. And, really, how many people out there are actually buying and selling things using BTC? From the article:
> The major original claim for Bitcoin was that it would soon become widely used for buying and selling goods and services, the “medium of exchange” function, which might in fact have justified calling it currency. That claim has in every way failed to be realized.