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then you used bad language >Which is why BTC is an asset and not a currency. Is a pretty straight forward sentence
by chucksta 5y ago
then you used bad language
>Which is why BTC is an asset and not a currency.
Is a pretty straight forward sentence
- ninetenfour 5y agoAre you using BTC as a currency? What was the last thing you bought using BTC directly? Does it meet the 10 characteristics here?https://simplicable.com/new/money https://simplicable.com/new/money I think that few are using BTC as a currency because it doesn't make sense as a currency, rather 99.9% of people are using it as a speculative investment asset.
- chucksta 5y agoI don't have much to add about it being a currency or not, just that you aren't being very clear. One moment you say its not, then the next it is, just not a good one, the next it's not again. And "not a good one", objectively you could lump just about anything into I'm under the belief that if it can be locally commonly exchanged for goods or services is a currency. If its gold, cash, btc, or bottle caps. If its a good form of currency or not is a completely different question