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A comment on Bitcoin could become ‘worthless’, Bank of England warns. Parent comment

Re:Bitcoin could become ‘worthless’, Bank of England warns by jack_pp on Wednesday December 15, 2021 @07:31AM (#29565089)
It is a currency, a fairly new one that hasn't gained mass adoption yet, with many problems (tx cost and tx/s limits) but people can and do use it to buy stuff. My energy provider in Romania lets me pay my bills with bitcoin.

That's like saying any new social media website you create isn't really a social media website because it has only 10 users.

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Re:Bitcoin could become ‘worthless’, Bank of England warns by matt_s on Wednesday December 15, 2021 @07:40AM (#29565170)
If a currency hasn't gained mass adoption, I don't believe its a currency. I can claim I have a currency of green marbles and my son lets me buy candy from him with green marbles and he buys candy from a friend with green marbles so therefore its a currency.

I'm not saying bitcoin can't get there, its certainly possible, but when the majority of use cases use terminology like "holding", "investing", "trading" its treated by users as more of a security/equity than a currency.

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