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> There's no such thing as viable currency. Of course there is, for example it would be necessary for it to be useful as a medium of exchange. Which, bitcoin c
by hhmc 5y ago
> There's no such thing as viable currency.
Of course there is, for example it would be necessary for it to be useful as a medium of exchange. Which, bitcoin certainly isn't.
I can't purchase, for example, >50% of the basket of goods that comprise the CPI with bitcoin.
Sure, you can argue that anything which can facilitate more than 0 exchanges with more than 0 counterparties is, at least ephemerally, a currency. But if you're arguing that, you've already lost.