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Comment Re:It is more akin to property, not to money... (Score 1) 135

Money is nothing more than the control of a nations' debt in the form of imaginary numbers which is why the FEDs can print endless amounts of it. Currency on the other hand is a 'medium of exchange' which is exactly what bitcoin is. While money is a form of debt aka financial slavery. Case in point, the value of the US Dollar has continuously dropped for the past hundred years because of monetary practices: http://www.intellectualtakeout...

Comment Anything against monetarism is a crime (Score 1) 135

Of course bitcoin is a form of laundering. But then again, monetarism is a form of financial enslavement by a central entity which of course is the exact opposite of what bitcoin is since it's completely decentralized among other things. All in all, this argument of whether or not bitcoin is 'money' is moot given the fact that it is under no centralized control...That and money is not a currency given the fact that it's simply an imaginary number invented by those in control of a nations debt. However, bitcoin can be called a currency since it embodies the very definition of what a currency actually is: a medium of exchange. While money on the other hand is a form of debt....Take a look at any dollar and it will read it is a form of debt rather than a medium of exchange no thanks to centralized banks taking control of our nation at the turn of the 19th century. Just remember, money is not currency and currency is not money.

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