News for hackers. Stuff that matters.

A comment on Cambridge Bitcoin Electricity Consumption Index. Parent comment

Re:Cambridge Bitcoin Electricity Consumption Index by jcranmer on Wednesday February 10, 2021 @10:32AM (#26090479)
Bitcoin calls itself money, but that doesn't make it money any more than calling my cat currency would make it money.

As far as governments have ruled in tax law, Bitcoin and other cryptocurrencies are not treated as foreign currency.

[ Parent | on HN ]
Re:Cambridge Bitcoin Electricity Consumption Index by darthrupert on Wednesday February 10, 2021 @11:26AM (#26091214)
People use it as money, so it is money. If people used acorns as money, then acorns would be money.

You don't need to complicate this further.

[ Parent | on HN ]