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RE: We Call Them Crypotocurrencies... But are they Actually "Currencies?"

in #cryptocurrency7 years ago

But BTC is easier to buy something with then a stock, or a bond, or a painting.

Very true... and I think part of what's needed is for those of us who are comfortable with cryptos to simply explain them to others the same way we would explain foreign currency from a smaller country. Yes, they are definitely "money," but no... they are not that easy to spend. But you CAN (for example) use them by having a debit card that works everywhere... so you can spend, just like someone from a small country can spend the equivalent of their home currency, everywhere.