Re:Silk Road Bitcoins worth $1B transferred after seven years
by nmlnn on Wednesday November 04, 2020 @11:02PM
(#24995562)
> Bitcoin simply isn’t that
Agree to disagree. I would say you're the one twisting the definition of "hard currency" (Wikipedia is not the source of all truth).
"Hard money" originally reffered to gold. When paper currency took over the term "hard currency" was used to distinguish between good and bad paper currencies.
I maintain that the "hard" part (which derives from gold) refers to the inability to be inflated easily. But I'm happy to concede that Bitcoin is not a currency yet in most peoples' eyes. I'm happy to switch to calling it a hard money.
Agree to disagree. I would say you're the one twisting the definition of "hard currency" (Wikipedia is not the source of all truth).
"Hard money" originally reffered to gold. When paper currency took over the term "hard currency" was used to distinguish between good and bad paper currencies.
I maintain that the "hard" part (which derives from gold) refers to the inability to be inflated easily. But I'm happy to concede that Bitcoin is not a currency yet in most peoples' eyes. I'm happy to switch to calling it a hard money.