(1/2) I don't think BitCoin is money, it is a commodity. C…
(1/2)
I don't think BitCoin is money, it is a commodity. Commodities (such as gold) may have been used as money for brief periods of time, then become quasi-monies.
I believe people value sovereignty over wealth. This is why government fiat currency...
Replies
(2/2)
...always eventually becomes what we think of as "money". The value of government fiat money comes from it's ability to maintain it's citizen's sovereignty and ability to collect taxes; It is a governments job at being proficient in both.