Post
Topic
Board Beginners & Help
Re: Why treat bitcoin as money and not code/software?
by
MicroGuy
on 16/11/2013, 15:13:23 UTC
We as individuals can treat bitcoin as software, code, anything we please.

But what really counts is the consensus view. For example, gold is not good for much other than filling teeth or making jewelry yet it's one of the most sought after materials in the world. Why not just treat gold like an ordinary mineral?

Money is defined by the way you use it, not by the stuff it's made of.

I like this explanation.