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Re: What are cryptocurrencies really?
by
nickmarketeer
on 10/11/2017, 20:16:28 UTC

these are limited entries in a database no one can change without fulfilling specific conditions. This may seem ordinary, but, believe it or not: this is exactly how you can define a currency.
Nope. Wrong definition. I can design a calendar on the blockchain and it will fit the definition you posted, but it won't be a currency. Check what is the definition of currency on Wikipedia.