Post
Topic
Board Economics
Re: Bitcoin is a novel form of money - and here's why
by
XertroV
on 17/12/2013, 00:24:30 UTC
I like 'factum money'. I've also seen 'concordia currency' proposed as bitcoin's type:

http://www.reddit.com/r/Bitcoin/comments/1brszi/bitcoin_is_a_concordia_currency/

That's also a nice way to put it. (And concordia is a great sounding word).

On the other hand, there is the negative connotation with the ship. As one user notes: "That was the first thing I thought about too. Concordia currency, where the ship sinks and the captain runs away."