I don't disagree with anything you've posted Itse, I should clarify I am not saying crypto, bitcoin or otherwise, isn't a currency, anything can be a currency, I am saying this conversation, and every other conversation I've ever had about crypto is not a conversation about currency, all these conversations are about investing in Crypto as an investment 'it went up by 300% this month, man you need to get in on this, it's the future, trust me, no you don't need to know how it works just look at how much it increases in value, you'll make a fortune'
I will add that for a currency to be practical it needs two things, a use, which generally means a country it is accepted as legal tender, and stability, a currency that swings wildly in value is essentially useless for trade. In these two areas I cannot see bitcoin being of any use to anyone except a person who accepts potentially losing large amounts of money in order to safely clean their source of income
Last edited by afc wimbledon; 09-08-2018 at 12:06 PM.
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