Whether you believe bitcoin is currency or not
Typical shill opening.
What does that even mean? The opening was an acknowledgement that some view bitcoin as a currency and some do not. Regardless of that viewpoint the post was about the Forbes article and what appears to be a flawed logical argument. It may be that the conclusion of the article is true but the arguments seem flawed
The argument isn't flawed, your thinking is.
You are repeating yourself. Are you stuck in your thought pattern?
It would be more helpful if you actually presented your viewpoint and arguments rather than just tell me I'm wrong. I am interested in your take on the article
Money is related to value, this is called backing.
Historically that meant vouchers for a hand of grain which was stored by the local sovereign, backed by a standing army.
In modern terms that means you can pay your taxes with it which are used to provide infrastructure, black helicopters and and food stamps. It is backed by the police and military and you are guaranteed to be able to pay all your debts with it, not just taxes.
You now probably say now: But that's socialism!
Wrong.
Modern society is built on structure and what you call socialism provides that structure for you, what you call capitalism enables you access to this structure.
Now if the Bitcoin network would do something else than crunching hashes, something which is actually useful like sequencing DNA that would be something different.
