Re:Debate HN: Is Bitcoin a currency or a commodity?
by deelowe on Thursday April 18, 2013 @11:01AM
(#5570976)
Except gold has intrinsic value for various applications(though that value is much less than the market price).
[ Parent
| on HN ]
Re:Debate HN: Is Bitcoin a currency or a commodity?
by kintamanimatt on Thursday April 18, 2013 @11:26AM
(#5571151)
You could also argue that physical currency also has intrinsic value for various applications too. Paper currency can be used as quasi-Post-It notes, kindling, etc. Coins can be melted down and used for manufacturing goods, etc.