RE: Erik Voorhees on "Is Bitcoin the Future of Money?"

You are viewing a single comment's thread from:

Erik Voorhees on "Is Bitcoin the Future of Money?"

in bitcoin •  7 years ago 

Garlic has medicinal value as well. Is that the standard we are using for currency?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Sure but I wouldn't pay you anything because I grow my own garlic. I can also get garlic from my friends yard and in the grocery store. Just because it has medicinal value doesn't mean it is good for currency. A currency has to be rare and difficult to attain too.

Gold and silver are rare metals and are not easily mined. They also have medicinal value and other uses in electronics along with other techno uses. So they are a better form of currency and has real useful value.