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It is a currency, a fairly new one that hasn't gained mass adoption yet, with many problems (tx cost and tx/s limits) but people can and do use it to buy stuff.
by jack_pp 5y ago
It is a currency, a fairly new one that hasn't gained mass adoption yet, with many problems (tx cost and tx/s limits) but people can and do use it to buy stuff. My energy provider in Romania lets me pay my bills with bitcoin.
That's like saying any new social media website you create isn't really a social media website because it has only 10 users.
- mattbrewsbytes 5y agoIf a currency hasn't gained mass adoption, I don't believe its a currency. I can claim I have a currency of green marbles and my son lets me buy candy from him with green marbles and he buys candy from a friend with green marbles so therefore its a currency. I'm not saying bitcoin can't get there, its certainly possible, but when the majority of use cases use terminology like "holding", "investing", "trading" its treated by users as more of a security/equity than a currency.