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There are literally bitcoin ATMs in convenience stores. It's trying really hard to act as a currency, so I'm not sold on this motion at all. Furthermore, > St
by nixpulvis 5y ago
There are literally bitcoin ATMs in convenience stores. It's trying really hard to act as a currency, so I'm not sold on this motion at all.
Furthermore,
> Stated simply, “[o]rdinary people in everyday life know this [i.e., that bitcoin is not money] intuitively; the average person who hears the term ‘money’ will think of government-issued ‘dollars’ or instruments, like checks, money orders, credit cards, or notes, directly connected to dollars.”
This is making pretty unsubstantiated claims about "ordinary people", who are using apps like Venmo and "Cash" (Square Cash) more and more. Thinking of a cryptocurrency as a form of money seems perfectly understandable, even if false.