this is not what people mean when they say "it isn't real money". strawman argument is unconvincing. if you could pay for the taxi ride with cryptocurrency it would be about as real as fiat currency, but you can't, so it isn't.https://twitter.com/julian0liver/status/958080067233615872 …
Commodity refers to the trait of an object as being generally fungible, a member of a class without distinguishing characteristics.
-
-
Cryptocoins are not generally accepted for commercial exchanges right now, thus not money currency. They are basically commodities though, but not because it gains value through trade (that's a trait of market valuations, not commodities).
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Not in economics.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.