Quote from: Kakmakr on February 06, 2018, 06:32:38 AM

Welcome to the forum.

Thank you very much. I have been reading non-stop. So many smart people with such good answers. The hardest part is deciding who is right between two highly-informed and well-spoken case makers.

Quote from: Kakmakr on February 06, 2018, 06:32:38 AM

Welcome to the forum.

On this forum Blockheads and Nerds are friends and we make no distinction between jocks and Geeks. A lot of people here are also Libertarians and anti-government, so be warned. Wink

I appreciate that and will return the favor by not giving virtual swirlies and digital melvins. LOL! Totally kidding. I appreciate your assuaging my fears. I never was a good jock anyway.

Quote from: Kakmakr on February 06, 2018, 06:32:38 AM

I will answer one of your questions for now. " Is Bitcoin really a currency or a store of value or both? Why? "

Bitcoin is what you want it to be. It does not fit the mould for any specific definition. It's definition is closely linked to it's use case. If you bought bitcoins as a long-term investment, you possibly saw some potential for it to be a store of value. Some people buy bitcoins to trade and they use it as a commodity.

A lot of people bought bitcoins to use as a medium of payment because they lost faith in centralized payment methods. In this instance, Bitcoin will be the alternative "currency" to these payment options.

Yes, I bought it for a long-term investment and it seems now that it may be feasible for it to work as a payment. So it may end up being both for me!