Quote from: Altcoinsintel on Today at 09:58:09 AM

You are probably trying falsely to push the agenda that tells you Bitcoin is not to be used for transaction and with this post try to make a case that other cryptocurrencies aren't exactly currencies either.

No, I don't. I'm just following the definition of currency. Don't get me wrong, I didn't say that altcoins (including Bitcoin) aren't money or mediums of exchange. I said that they're not currencies. They don't represent a nation and a nation can't control them to handle the economy. Some of them don't even accept them. I just believe that the word "cryptocurrency" is being formulated falsely and since they gain more and more reputation every day, we should be aware of the sensitivity of the chosen words.

A currency is not the same with a medium of exchange. A gold coin isn't a currency, but it's a medium of exchange. I guess, same thing happens with cryptos. Saying that Bitcoin is a currency means that, hypothetically, it could replace a national currency if the nation said so. But it can't. Despite the fees and any other of its functionalities: It can't be controlled by the nation.

Quote from: mk4 on Today at 10:04:09 AM

Correct me if I'm wrong, but I think it's because the term "crypto currency" existed really early on, even when bitcoin was the only cryptocurrency project running.

I don't know, it may existed before Bitcoin. What does it matter?

To avoid any (other) hating meaningless replies: I AM A BITCOIN ENTHUSIAST TOO!