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A comment on Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says. Parent comment

Re:Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says by mcjiggerlog on Wednesday September 27, 2017 @12:17PM (#15349291)
> Real investments have a return derived from capital. A house, for example, can be rented out for money.

You can buy goods and services with Bitcoin. It's just another currency. Do people claim that forex is not investing?

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Re:Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says by RyanCavanaugh on Wednesday September 27, 2017 @12:45PM (#15349627)
> Do people claim that forex is not investing?

Yes, all the time. It's clearly speculation (in the technical sense)

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Re:Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says by root_axis on Wednesday September 27, 2017 @12:31PM (#15349451)
> You can buy goods and services with Bitcoin. It's just another currency.

Not really though. You can buy a few novelties online and there are a handful of places that accept bitcoin, but realistically it is not "just another currency", it's an IOU for usable money.

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Re:Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says by notahacker on Wednesday September 27, 2017 @12:42PM (#15349598)
Forex trading is certainly more speculation (or hedging) than investment
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