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"... it is impossible for bitcoin to be a currency." It is already functioning as one -- just not a very effective or useful one. So, please be more articulat

by spenvo 13y ago

"... it is impossible for bitcoin to be a currency." It is already functioning as one -- just not a very effective or useful one. So, please be more articulate if you actually want to have a debate. But thanks for diverting the the discussion by maligning my character. Looking through your comment history, it's pretty clear that you have a strong aversion to Bitcoin. As someone so blindly opposed to it -- you probably have an ulterior motive too. At least I was forthcoming about mine -> I'm a Bitcoin fanboy and am building a business around it -- which is more than most speculators can claim. So, what's yours? Because otherwise, you're kind of in need of digging yourself out of troll status. :)

lingben 13y ago
It is functioning as digital barter - that you fail to recognize this and mistake it for a currency is why I suggested you take some basic economic courses. How did I malign your character? I simply stated that since you are building a business based on bitcoin you may not be as objective as someone who has no vested interest one way or the other. I don't own bitcoins or have any vested interest. It is simply an intellectual curiosity for me. I have no interest in making this personal and I was and am polite to you.
- spenvo 13y ago
  It seems like we had a misunderstanding around semantics then. My defintion was: "the fact or quality of being generally accepted or in use." The act of it being used as a currency. My distinction between this and a more general "form of barter"/medium-of-exchange was written as '"first-class citizen" status' currency.