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Are 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/m
by ninetenfour 5y ago
Are 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