Post
Topic
Board Bitcoin Discussion
Topic OP
Is Bitcoin a currency or merely a platform for transactions in other currencies?
by
deed02392
on 12/12/2013, 09:58:29 UTC
Ernst & Young have come out saying that Bitcoin shouldn't be viewed as a currency and is merely a platform for enabling microtransactions and e-commerce payments.

Opinions? I am struggling to understand how it can operate as a means of transferring money without being money itself? Unless they are more implying it WON'T be a currency rather than it can't be.

http://www.theguardian.com/technology/2013/dec/11/ernst-young-warn-bitcoin-payment-problems