Post
Topic
Board Economics
Re: Are Currency and Money the Same thing
by
kiyote
on 06/11/2011, 17:06:56 UTC
So from this I'd gather that currency is the actual thing used for exchange, whereas money is the abstract. I could give you 1 BTC for a stick of gum, and that'd be a use of it as a currency.  However if I just give you a wallet.dat that contained 1 BTC, that would be using the wallet.dat as money.  I think.

Maybe not.  You can use a non-currency money to pay for something, see my example above about paying a tailor with a check.

Most likely, Bitcoins are forms of money transfer, not a currency, though the process is easy and anonymous enough to treat them as such.