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None of my customers pay me in potatoes, dumpsters, or iced coffee/chocolate chip scones. They pay my in money, which I then give to the person at the coffee s
by blhack 6y ago
None of my customers pay me in potatoes, dumpsters, or iced coffee/chocolate chip scones. They pay my in money, which I then give to the person at the coffee shop and she gives me the coffee.
And then the coffee shop people give that money to their landlord, the power company, the coffee bean people, and also their employees.
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It seems like such bad faith arguments to claim that bitcoin doesn't have a use. It has an obvious use. HNers might not agree that it solves the problem it claims to solve, but if that's what you think then argue that. Don't pretend like you "don't understand" what the purpose is.
- anthonypasq 6y agoyes thank you, im aware of how money is different than bartering. What does this have to do with cryptocurrency?
- blhack 6y ago>crypto currency Bitcoin is a crypto CURRENCY. It IS money.
- jcranmer 6y agoBitcoin calls itself money, but that doesn't make it money any more than calling my cat currency would make it money. As far as governments have ruled in tax law, Bitcoin and other cryptocurrencies are not treated as foreign currency.
- darthrupert 6y agoPeople use it as money, so it is money. If people used acorns as money, then acorns would be money. You don't need to complicate this further.