Quote from: CryptoBry on May 26, 2019, 04:14:04 PM

Wow! This is actually an eye-opener video on money, currency and the big lie that in the past and into the present being sold into the people. The real money is always gold and silver as all fiat monies in the past not one ever survived. As many governments all over the world are now prone to solved their problems by printing more and more paper money, inflation is eating up the purchasing power of the people. As the money in circulation increases, the lesser the people get. Now, am thinking how can this be connected to bitcoin. Well, bitcoin is now considered to be the digital gold and just like bitcoin it is essentially limited and can function as money and as store of value.

After considerable research into this topic, we have reached similar conclusions, but not identical. Remember that money by definition is "a medium of exchange". This means, anything that becomes a medium of exchange is by definition money, and we have seen historically, the evolution of money from Wheat (Commodity), to Gold/Silver/ to Fiat, and now we are on the cusp of et another evolution of money, cryptocurrencies. Since Bitcoin, for example, is being used as a medium of exchange across multiple platforms, it is by definition money.

If you find this interesting, I'm sure you'll like this video I uploaded covering these topics. It is intended for Hindi/Urdu speaking members though.

Title: This is the REASON why Bitcoin is MONEY (for Hindi/Urdu)
Link: https://www.youtube.com/watch?v=iEnC-qVyG0Q