Bitcoin is apparently no better than a fiat currency.
A medium of exchange arises from something that had a material use/value in the market prior to becoming a medium of exchange, i.e., it was also a good being bartered for other goods and services.
Bullshit. The author is just declaring this, as if, by...fiat.
LIVE 7 Days a Week!
Mon-Sun: 7pm-10pm Eastern
Enter your E-mail:
See our past emails.
Welcome Free Talk Live 2.5! Now, with Reddit!
You'll need a Reddit account before you can vote on and submit show prep. (That is different from your FTL/AMP account.)
The content here is the same as you will see on the FTL Subreddit. Please submit bug reports on the appropriate BBS subforum.
Enjoy the new site and thanks for submitting your content!