Quote from: dunfida on May 31, 2018, 12:56:58 PM

Quote from: ruthbabe on May 30, 2018, 02:16:01 PM

South Africas central bank is choosing to call cryptocurrencies like bitcoin as cyber-tokens rather than currencies, arguing they do not meet the requirements of money.

I dont really care at all on what would they called into bitcoin cyber-tokens is just the same yet this is indeed a digital currency in the very first place and im not really surprised for them to make such words or comments towards it because they would really see it as a threat into their firm. No matter what would they say bitcoin would still be recognized, might not be as an official currency since its really an impossible thing to happen but it do really have its own purpose.

Which firm are you referring to? Banks are not firms, they are institutions where people hold their money. If you say

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this is indeed a digital currency in the very first place

, you are directly contradicting what you've said earlier about

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bitcoin cyber-tokens is just the same