Post
Topic
Board Bitcoin Discussion
Merits 7 from 2 users
Re: A Simple Reason Why Bitcoin is not Money
by
EarnOnVictor
on 30/10/2023, 08:26:36 UTC
⭐ Merited by NotATether (5) ,Oshosondy (2)
to correct the OP

currency is anything used as a medium of exchange
That's not correct, currency is not ANYTHING used as a medium of exchange, you can use many things as a medium of exchange which I'm sure is obvious around you. You can purchase your shoe and other products and properties with gold or other products and properties, which makes your definition faulty.

Currency is rather a LEGAL TENDER (fiat) note backed by the central bank of a country.