Title: Bitcoin is 'hard' digital money Post by: julz on March 08, 2012, 08:41:57 AM The May Scale of Money Hardness and BitCoin
http://stakeventures.com/articles/2012/03/07/the-may-scale-of-money-hardness-and-bitcoin This tickles me. When talking about Bitcoin with people who are unfamiliar with it, the obvious comparisons to other digital currencies and value transfer systems come up. It may seem like a minor point of terminology - but to refer to bitcoin as a 'hard' money due to it being irreversable and unconfiscable versus 'soft' molestable systems like Paypal is a good way of emphasizing the distinction. People understand the 'hardness' of cash - so it makes sense to apply it to bitcoin in this sense. Perhaps this little bit of spin terminology has come up before - but it escaped me! edit: indeed, when I search for 'hard money' and bitcoin it does come up. Well - it seems like a meme worth spreading. As pointed out by someone in the comments of the article, 'hardness' is already ranked against various payment methods on the bitcoin wiki: https://en.bitcoin.it/wiki/Payment_methods Title: Re: Bitcoin is 'hard' digital money Post by: finway on March 08, 2012, 09:05:06 AM Hard is good.
Title: Re: Bitcoin is 'hard' digital money Post by: da2ce7 on March 08, 2012, 09:08:37 AM Title: Re: Bitcoin is 'hard' digital money Post by: julz on March 08, 2012, 09:11:44 AM hard money rocks!
Title: Re: Bitcoin is 'hard' digital money Post by: mila on March 08, 2012, 09:20:31 AM Title: Re: Bitcoin is 'hard' digital money Post by: da2ce7 on March 08, 2012, 10:54:08 AM Bitcoin: "I'm hard and my market cap is getting larger"
Title: Re: Bitcoin is 'hard' digital money Post by: bracek on March 08, 2012, 02:33:35 PM size and technology it goes something like that :) Title: Re: Bitcoin is 'hard' digital money Post by: triplehelix on March 08, 2012, 03:58:30 PM of course size matters, but you could have the biggest pile of cash on the block, if its not hard, its not as useful. Title: Re: Bitcoin is 'hard' digital money Post by: Red Emerald on March 08, 2012, 11:49:23 PM of course size matters, but you could have the biggest pile of cash on the block, if its not hard, its not as useful. Title: Re: Bitcoin is 'hard' digital money Post by: Phinnaeus Gage on March 09, 2012, 01:10:26 AM of course size matters, but you could have the biggest pile of cash on the block, if its not hard, its not as useful. Unless your capable of using it in limp |