Post
Topic
Board Exchanges
Re: bitfloor issues?
by
SpottedMarley
on 11/08/2013, 20:54:26 UTC

Sorry, but everything you said applies equally to US dollars. The issue here is not with bitcoins, it is with trusting someone else to store your money.


I agree. But the only "TRUE" currency is whatever currency the country you live in provides. Everything else is pseudo-currency/faux currency. Id rather have "true" currency then a pseudo currency. Just personal opinion.

Bitcoin are a true currency because you can spend them. I've made purchases with bitcoin, thus I have used bitcoin as currency. I believe you mean that you prefer a true "fiat" currency. All I care to say about the difference between the two is that fiat currencies are a thing of the past and crypto currencies are the way of the future. To say the Bitfloor fiasco is an example of why not to trust Bitcoin is like saying that choking is a good example of why not to breathe. Something about babies and bath water.