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Re:Bitcoin exchange rate reached $100 USD per BTC by grovulent on Monday April 01, 2013 @11:37AM (#5473698)
Bitcoin hasn't yet proved it can do either 1 or 2 yet. If it succeeds in either it will do better than gold is currently doing as currency.

But I wasn't trying to measure currency dick size. I was just making the point that not being good at 2 doesn't necessarily hurt its ability at 1.

Re:Bitcoin exchange rate reached $100 USD per BTC by jcampbell1 on Monday April 01, 2013 @01:34PM (#5474554)
I wasn't disagreeing with anything you said. I was trying to tighten up the language around "what is a currency". From a conceptual level, BitCoin is much more currency friendly than gold due to both divisibility and ability to process electronic transactions.
Re:Bitcoin exchange rate reached $100 USD per BTC by fnordfnordfnord on Monday April 01, 2013 @12:53PM (#5474263)
A person who bought ~1600 USD worth of bitcoin last year instead of an OZT of gold would be quite pleased with the performance of bitcoin in category #1.
Re:Bitcoin exchange rate reached $100 USD per BTC by leishulang on Monday April 01, 2013 @06:21PM (#5476322)
The other way, 99.999999% or more of human population disagree with him.