Re:Debate HN: Is Bitcoin a currency or a commodity?
by manidoraisamy on Thursday April 18, 2013 @10:06AM
(#5570637)
Gold has demand/supply based on industrial/ornamental value. But, what value does Bitcoin have?
[ Parent
| on HN ]
Re:Debate HN: Is Bitcoin a currency or a commodity?
by mckoss on Thursday April 18, 2013 @11:08AM
(#5571013)
Bitcoin provides for secure transmission and storage of value independent of a trusted 3rd party (and backed by the largest distributed super-computer in the world). Isn't that enough?
Re:Debate HN: Is Bitcoin a currency or a commodity?
by manidoraisamy on Friday April 19, 2013 @09:25AM
(#5576488)
That explains it's currency nature. But, does it have any intrinsic value of a commodity like gold?