Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin money?
by
MoonShadow
on 23/09/2010, 03:46:27 UTC
I do not consider gold to be money.  You can't go and buy most goods and services with gold.  Gold is a commodity, dollars are money.

Dollars are currency, not money.  Money can be a currency and vice versa, but they are not quite the same thing and not entirely interchangable.  And fiat currencies are, by thier very definition, not money.  Gold, in our modern world, is still money even though it's no longer a currency.