this post was submitted on 02 Jun 2024
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since people treat crypto as money, it is money.
The only ones that treat it as money are in on it. Otherwise, you could go to a Best Buy and get a TV with your crypto-card.
Can you buy a tv with a silver bar?
No, because it’s not legal currency. Are you getting it now?? Valuables aren’t all accepted currency….
Your argument is DEEPLY flawed.
Kenisis is apparently backed by silver, I think that solves it all somehow
WTF is Kenisis, and can you walk into a store and buy a TV with it?
Can you walk into store and buy a TV with British Pound?
In the UK and its territories, yes.
Then you can't with dollar. But maybe can with Euro, not sure.
Are we still debating if crypto is actually a currency? Because yes, currencies can be localized. That crypto is agnostic to localities does not make it any more of a currency.
If you are trying to make another point, I may have gotten lost in the thread.
This happens. I was mostly debating Pratai's "US dollar is the only legal currency in the world" nonsense.