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There are bitcoin credit card that exist. By your definition, USD isn't money either, because none of the shop here accept it. I first need to change it to eur
by varajelle 6y ago
There are bitcoin credit card that exist.
By your definition, USD isn't money either, because none of the shop here accept it. I first need to change it to euro to be able to pay in a shop, just like bitcoin.
Bitcoin is not a pyramid scheme, because there is no promise of gain. Everyone is saying it is a risky asset and in that sense it's just like any other speculation.
- danparsonson 6y agoWhere in the world do you not need to exchange BTC in order to buy things with it? Can you point to any shop where things are priced only in BTC? Your bitcoin credit card is just an on-the-fly exchange, that doesn't mean bitcoin is money.
- varajelle 6y agoThere was the silk road. I guess there are new market place pricing in bitcoin. Also some ransomware were you can buy your files back. Maybe there's just some libertarian community somewhere with a few people using bitcoin.