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Re: ownmatusow - why bitcoin not bigger
by
d6d4d59
on 26/05/2012, 02:10:15 UTC
Because it's a commodity. The difference? You can't just print more commodity, if you need to, like you do with fiat currencies. There is a fixed supply limit. And in that aspect bitcoin can never be a currency.

'Yet' was just me being hopeful for the future, as in: hope for more widespread adoption (merchants, merchants, merchants..), maybe official recognition by the governments? etc.

Hope I haven't spouted too much nonsense/BS, I'm still kind of new to this whole economy/money thing Wink

Newspapers can be printed, and they're a commodity. Gold was a money even though it was not printed.

My hair is a bird, your argument is invalid.