Post
Topic
Board Economics
Re: Regression theorem & Bitcoin revisited
by
notme
on 29/01/2013, 23:20:53 UTC
You definitely have to define bitcoin as money. It has all the required features, and it is used in exchanges.
That's not a good reason to classify bitcoin as money. Bitcoin has additional features that money lacks. We don't have a word for it yet but what ever Bitcoin is, money is a subset of that.

Exactly.  Bitcoin is more than any other money ever was.  What other money can move from here to the other side of the world faster than I can make dinner?