Re:Hal Finney Was Not Satoshi Nakamoto
by hiatus on Sunday October 22, 2023 @09:50AM
(#37975343)
I don't understand the importance of this distinction. People invest in currencies all the time.
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I think its important because to be a good investment vehicle means it probably should not be considered a currency, to be a reliable currency means it should be a terrible investment vehicle. Sure, its possible to say it can be both but I think to be be reliable in either is exclusive.
And while there are indeed large currency markets, it is not very common on a population basis due to it being very much a speculators game requiring massive amounts of leverage for the average net worth.