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Bitcoin => Press => Topic started by: n8rwJeTt8TrrLKPa55eU on March 14, 2013, 10:55:44 PM



Title: 2013-03-14 Huffington Post: Max Keiser: Is Bitcoin Money?
Post by: n8rwJeTt8TrrLKPa55eU on March 14, 2013, 10:55:44 PM
Summary: Yes.

Short, well written, and to the point, especially the intrinsic value question.

http://www.huffingtonpost.com/max-keiser/is-bitcoin-money_b_2849031.html



Title: Re: 2013-03-14 Huffington Post: Max Keiser: Is Bitcoin Money?
Post by: BTC Books on March 14, 2013, 11:33:48 PM
Thanks for the link.  That was a great post by Max.

He gets so weird and non-stop sometimes, that you forget how good he can be.


Title: Re: 2013-03-14 Huffington Post: Max Keiser: Is Bitcoin Money?
Post by: marcus_of_augustus on March 15, 2013, 04:26:17 AM
He's mostly right, but he is using divisibility and fungibility interchangeably which is incorrect.

I'm glad he has hit a home run on the financial privacy and intrinsic value link, (the "prison planet money" argument :))

Although, I thought his summary should be that bitcoin has the desirable properties of money. It can only become money when the market decides.