Even if Bitcoin's a conventional store-of-value/commodity currency, it's still a (limited) net good insofar as it facilitates illegal trade.
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@KevinCarson1 > behaves like commodity money because it is a limited good w/r/t the Silk Road.
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@sarahjeong By "commodity money" I just mean a backed currency like gold. And for me that's inherently limited because it's just an...Merci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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@sarahjeong ..."alt currency" for them what already has to convert their $$ into. The important money for the future IMO is stuff that...Merci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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@sarahjeong ...just denominates value to facilitate exchange of present and future goods between those who have no money from past activity.Merci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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