Ah, so if U.S. government says Bitcoin is legitimate, it suddenly has extrinsic force: it will be accepted like “real” money.
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En réponse à @sarahjeong
@GlennF Bitcoin isn't used as a unit of account, it's used as a medium of value. Best understood as a payment system.2 réponses 0 Retweet 0 j'aime -
En réponse à @sarahjeong
@GlennF If the US "recognizes" Bitcoin, it's not as money per se but as an alternative / marginal practice of payments.2 réponses 0 Retweet 0 j'aime -
En réponse à @sarahjeong
@GlennF The only way that gov't force will really enter the picture is if it begins to uphold contractual agreements w/r/t Bitcoin.1 réponse 0 Retweet 0 j'aime -
En réponse à @sarahjeong
@GlennF Which is not nothing, but reeeeeeally different from the federal gov't recognizing it as money. Which it won't.1 réponse 0 Retweet 0 j'aime -
En réponse à @sarahjeong
@sarahjeong This is true, and I accept that. But it slides Bitcoin slightly out of the current slot it occupies.1 réponse 0 Retweet 0 j'aime
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