Post
Topic
Board Bitcoin Discussion
Re: Not a "Virtual Currency." A "Digital Currency"
by
dvavasour
on 09/06/2011, 18:30:43 UTC
In my opinion Bitcoin is not a money.  As a digital good, it is traded/bartered as a medium of exchange for other goods / services / cash(national currencies).
Agree. It is a digital commodity, like gold, made scarce by cryptography. It's got a lot of attributes which make it useful for exchange: divisibility, anonymity, security, but it should not be considered a currency.