Re: Why treat bitcoin as money and not code/software?
USD are just some pieces of paper with ink on it.
Money is defined by the way you use it, not by the stuff it's made of.
+1Money is defined by the way you use it, not by the stuff it's made of.
OP, have you seen the new 100 dollar bills? They look like monopoly money.
But yes, life would be simpler without the governement breathing down our necks, but redefining bitcoin as software won't change that.I agree that that ship has sailed. There were so many people who were thrilled when the government said bitcoin is money, either forgetting or ignorant of the fact that the US government does not tolerate competing currencies that have a farts chance of threatening the dollar.