Bitcoin, theoretically and empirically, already qualifies as money. Bitcoin is not Chuck-E Cheese tokens and, despite Charlie Munger’s esteemed opinion, certainly not “rat poison.”...
Written By: BigChubbyCat (8BTC)Translated By: James Choi (8BTC)Edited By: Elizabeth T. Ploshay (Bitcoin Magazine)I. The difference among physical carriersBefore discussing currency competition, we should...