News for hackers. Stuff that matters.

A comment on Someone just made a $147,239,214 Bitcoin transfer. Parent comment

Re:Someone just made a $147,239,214 Bitcoin transfer by yelnatz on Friday November 22, 2013 @07:40PM (#6784676)
I doubt you can pay your house with gold bars alone.

I doubt you can pay your car with stocks alone.

I doubt you can pay taxes with option derivatives alone.

I doubt a lot of people call those funny money.

[ Parent | on HN ]
Re:Someone just made a $147,239,214 Bitcoin transfer by lutusp on Friday November 22, 2013 @07:46PM (#6784700)
You're missing the point that all kinds of symbolic wealth can be easily converted into other kinds of symbolic wealth. If this weren't true, it wouldn't be symbolic wealth.
[ Parent | on HN ]