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A comment on The blockchain/cryptocurrency space is mostly fraudulent. Parent comment

Re:The blockchain/cryptocurrency space is mostly fraudulent by worik on Monday November 09, 2020 @02:35PM (#25038842)
Only a medium of exchange. Too volatile with no source of trust to be a store of value or a unit of account.

Fiat money relies on the trust generated by the central bank. Non existent in crypto.

So is not money.

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Re:The blockchain/cryptocurrency space is mostly fraudulent by pmiller2 on Monday November 09, 2020 @02:40PM (#25038908)
No, it (specifically BTC) is not a medium of exchange, according to the author. And, really, how many people out there are actually buying and selling things using BTC? From the article:

> The major original claim for Bitcoin was that it would soon become widely used for buying and selling goods and services, the “medium of exchange” function, which might in fact have justified calling it currency. That claim has in every way failed to be realized.

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