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RE: Bitcoin is not yet money. Buyer beware.

in #bitcoin7 years ago

In my opinion, BTC isn't comparable to beaver pelts. It's also my opinion that money will become BTC instead of BTC becoming money due to S-Curve adoption models. Nice article, by the way. There is a lot of stuff in there that people overlook and are ignorant of. It's good to see someone dropping real knowledge on here.

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Thanks. I'll have to look up S-Curve models. I'm just using the Mises definition of money. But modern money theory practitioners have a different idea of it, which I think is very relativist.