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Nobody is arguing about that. The idea that BTC is a currency is long gone. Bitcoin is a store of value, similar to gold (which you also can't use to buy your g
by andreygrehov 6y ago
Nobody is arguing about that. The idea that BTC is a currency is long gone. Bitcoin is a store of value, similar to gold (which you also can't use to buy your groceries).
- arcticbull 6y agoYou absolutely could use gold to back your personal economy. Put dollars into an InteractiveBrokers account, buy GLD. Use your IBKR debit card to borrow against your GLD on margin. Pay it off at the end of the month. You can back your personal economy with literally anything you want that way. That's the magic of fiat currency.