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Topic
Board Beginners & Help
Re: I just don't get it...
by
Arcavum
on 08/04/2013, 11:58:58 UTC
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And that's exactly the opposite of my point... I don't feel bad about that pizza. I've ordered a lot of domino's that made me feel a lot worse   I meant that we should leave the idea that bitcoins are worth money. Bitcoins are money, they are a method of giving someone a "IOU" in a safe manner without some big (and sometimes corrupt) company managing the IOUs

Sadly, most currencies are traded and bought and sold...*within their particular countries*

Since Bitcoin doesn't have a country and the internet is so vast,  it makes it seem like a commodity.
Though, I understand your point.  And I'd rather that currency wasn't speculated on.
It serves no logical purpose.

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I mostly disagree with the notion that Bitcoin is MONEY, at least the way most people think of money. Unless you agree that gold is money, and USD and JPY and Monopoly Bucks are far more imaginary than BTC

What is money? It's all made up, man.  Wake up and smell the coffee.

The difference with Bitcoin is that Bitcoin doesn't pretend to be valuable.  Bitcoin doesn't even pretend to truly exist. *Hence the name, Virtual currency*  Gold is a real fop. *It's not good for anything* but people assign a stupid value to it. 
That makes Bitcoin more realistic in my opinion.  At least Bitcoin knows that it's fake.