crypto "currencies" do not satisfy the regression theorem of Austrian Economics that explains before the first use of anything as money, it is being valued only by its non-monetary uses. bitcoin and altcoin didn't have any non-monetary uses before they were pushed onto stage as "currencies". anybody can issue an alt coin now at essentially no cost, no different from fiat money. many altcoins are even pre-mined. "mining" and "coin" are nice clothes these pure digits are wearing in order to fool the naive and innocent. gold/silver is money --decentralized, anonymous, physical(off the grid), accepted in any culture/race as store of value, medium of exchange. bankters keep denying gold/silver monetary statuses and you know why. libertarians who champion cryptos are weaklings who are easily fooled and played with.
RE: Bitcoin is not Cryptocurrency
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Bitcoin is not Cryptocurrency
Have you claimed any of your steem since joining steemit? Then you're using a cryptocurrency now, as it fills all but one of your criteria, and I'd argue the one it doesn't fill isn't necessary.
It's decentralized, it's anonymous, it isn't physical, it's accepted by any culture/race as a store of value, and it's a medium of exchange.
Why does a currency need to be physical?
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it depends on the grid. it is not accepted by all races/cultures. it is unlimited....
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as to the physical aspect, i think you are smart enough to figure it out yourself. do you know the what the original USD dollar says ? silver certificate, redeemable into silver bullion? why is it so important? try to figure it out yourself.
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steem is not anonymous at all. i can see anybody's wallet! and you call it anoymous? do you know how much silver i hold? but you know how little steem i have in my wallet.
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There are people from all over the planet on this platform who would gladly take steem if I offered to send it to them.
I don't care what the USD says, it was created before computers even existed. Outdated.
I know how much steem you have, but I have no idea who you are.
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