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Bitcoin isn't a fiat currency by definition. it's not issues by a government and is not legal tender. It's not even a currency. It's an asset.
by jmyeet 5y ago
Bitcoin isn't a fiat currency by definition. it's not issues by a government and is not legal tender. It's not even a currency. It's an asset.
- thrwyoilarticle 5y agoIt's literally called bit-coin.
- jmyeet 5y agoAnd North Korea's official name is the Democratic People's Republic of Korea ("DPRK"). What's your point?
- thrwyoilarticle 5y agoThe analogy fails because calling it Bitcoin implies a desire for it to be viewed as a currency, not an asset, in the same way DRPK implies a desire to be viewed as D, P and R.