But why? ROI would be even higher when measured in Zimbabwean dollars! Imagine how rich you'd be if you would have given me 1 Bitcoin 5 years ago, and I give you 500% ROI today! I'll even throw in a free wheelbarrow to carry all your money.
You're on to something here. I suggested Venezuelan bolivars. See OgNasty doesn't seem to think that Bitcoin is money, but fiat apparently is. That's quite odd for someone who is an escrow and a
treasurer on a Bitcoin forum. Granted he later deleted that post so maybe he realized that the hole was getting too deep. All these contortions just to deny that he returned less
money to his investors than he got from them.
I always consider the USD price when accepting BTC, the same as every other crypto accepting vendor.
As for whether BTC is money or not... Governments call it a commodity. The majority in the Bitcoin community these days call it a store of value. Hence why we store our value in BTC and price our items in dollars even though BTC is accepted for payment. You wouldn’t think it’s rocket science, but you’ve for years failed to understand this simple fact.
The drama and lies are tiring, but we’ll soon have a million views on this thread. That’s a pretty amazing feat!
Considering that IRS guidance on the commodities subject didn't come out until sometime in 2014 IIRC,
I asked OgNasty if his investors were made aware of his interpretation of Bitcoin being not money but never got an answer. Actually this might have been what triggered this latest wave of his lies against me/ib/BPIP/etc, he tends to do that sort of thing when he paints himself into a corner.