Really? Where do you live that you can pay rent or your mortage in Bitcoin?
As for the topic at hand. I think that yes, he does have some credit to his argument. However, you could make the claim that Bitcoin DOES operate like stock in a company (that seems to be how many people use it in trade), but that the company is a decentralized network. Thus the concept of the DAC. And as we all know, the stock market in and of itself is very much like a gaming set up. What draws the difference between the two?
As for the topic at hand. I think that yes, he does have some credit to his argument. However, you could make the claim that Bitcoin DOES operate like stock in a company (that seems to be how many people use it in trade), but that the company is a decentralized network. Thus the concept of the DAC. And as we all know, the stock market in and of itself is very much like a gaming set up. What draws the difference between the two?
I collect rent, I don't pay it.
But I don't see how it is like a stock just because a lot of people treat it like one. Can you buy BTC at a stock market? No because it is not a stock, nor does it have the legal properties of a stock such as an issuer. ; nor is it called a stock by any legal entity; nor can a decentralized network be called to testify.
If you collect stamps you may buy and sell and follow the market prices, but they are stamps none the less. You are stamp collector even if you fancy yourself a "postage stock trading expert".