Serious Question about Bitcoin, please answer

[DannyHamilton]

This begs the question, what is currency?
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You'll find I'm a stickler for definitions....

http://en.wikipedia.org/wiki/Begging_the_question

Begging the question originally meant "assuming the conclusion (of an argument)", a type of circular reasoning.

http://www.britannica.com/EBchecked/topic/200836/fallacy#ref1102387

The fallacy of circular argument, known as petitio principii (“begging the question”), occurs when the premises presume, openly or covertly, the very conclusion that is to be demonstrated

http://dictionary.reference.com/browse/beg%20the%20question

beg the question, to assume the truth of the very point raised in a question.

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I do not agree that " raising the question" is an appropriate replacement regarding proper grammar.  Wiki can suck it.
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Perhaps not such a "stickler for definitions" after all?

[El]

No dude, wiki obviscates true definition, it should NOT be your reference.   I thought peeps knew that about Wiki? It's additional data to be sure, but anyone can put what ever in there....lol....and a thousand Frenchmen COULD be wrong.

For true definition, you have to go back in time.  To HARD PRINT. The meanings get simpler, and less occulted.

[bitpop]

No dude, wiki obviscates true definition, it should NOT be your reference.   I thought peeps knew that about Wiki? It's additional data to be sure, but anyone can put what ever in there....lol....and a thousand Frenchmen COULD be wrong.

For true definition, you have to go back in time.  To HARD PRINT. The meanings get simpler, and less occulted.

I hate when people say anyone can edit Wikipedia. It's completely false. Try it, your changes will be instantly reverted even if correct.idiots.

Ps obfuscate

[El]

Ok, well...that's probably why the Supreme Court doesn't use WIKI for Case Law 

And when they do, it's time to sell the farm.

[DannyHamilton]

No dude, wiki obviscates true definition, it should NOT be your reference.   I thought peeps knew that about Wiki? It's additional data to be sure, but anyone can put what ever in there....lol....and a thousand Frenchmen COULD be wrong.

For true definition, you have to go back in time.  To HARD PRINT. The meanings get simpler, and less occulted.

And what of Britannica and dictionary.reference.com?  Are you simply choosing to ignore the fact that the definition they present demonstrates that you are using the phrase "begs the question" incorrectly?

If I find a print edition of a dictionary that also demonstrates that you are using the phrase "begs the question" incorrectly, will you admit that you made an error?

[El]

Yes you are correct.  Had I not provided proof of my assumption, that bitcoins are in fact NOT currency, as legally defined, I would have committed a fallacy of begging the question--leading to circular logic. With the addition of a second begging, clearly redundant.  But I do not agree that " raising the question" is an appropriate replacement regarding proper grammar.  Wiki can suck it.

Are we clear that bitcoins cannot be considered "currency" as currency is defined as paper tradable from hand to hand, per Blacks definition?  Should You, the human, find yourself in a legal issue using bitcoins--- this will of course, be a part of the Laws grammar.

yes i stand corrected! 

All digital dictionaries should be considered supplementary as all digital info can be altered. do you agree?

[DannyHamilton]

Yes you are correct.  Had I not provided proof of my assumption, that bitcoins are in fact NOT currency, as legally defined, I would have committed a fallacy of begging the question--leading to circular logic. With the addition of a second begging, clearly redundant.  But I do not agree that " raising the question" is an appropriate replacement regarding proper grammar.  Wiki can suck it.

Are we clear that bitcoins cannot be considered "currency" as currency is defined as paper tradable from hand to hand, per Blacks definition?  Should You, the human, find yourself in a legal issue using bitcoins--- this will of course, be a part of the Laws grammar.

yes i stand corrected!  

All digital dictionaries should be considered supplementary as all digital info can be altered. do you agree?

Certainly, digital info can be altered, although there are reliable sources of digital information.

Regardless, it seems we are now all on the same page.  It doesn't "beg the question", it "raises the question".

Now that we've gotten past that, we can work on answering the question that has been raised. . .

Within U.S. case law, bitcoin is already considered "a money".  I suspect that it will only be a matter of time before a federal court determines that it is also "a currency".

[sublime5447]

Yes you are correct.  Had I not provided proof of my assumption, that bitcoins are in fact NOT currency, as legally defined, I would have committed a fallacy of begging the question--leading to circular logic. With the addition of a second begging, clearly redundant.  But I do not agree that " raising the question" is an appropriate replacement regarding proper grammar.  Wiki can suck it.

Are we clear that bitcoins cannot be considered "currency" as currency is defined as paper tradable from hand to hand, per Blacks definition?  Should You, the human, find yourself in a legal issue using bitcoins--- this will of course, be a part of the Laws grammar.

yes i stand corrected!  

All digital dictionaries should be considered supplementary as all digital info can be altered. do you agree?

Certainly, digital info can be altered, although there are reliable sources of digital information.

Regardless, it seems we are now all on the same page.  It doesn't "beg the question", it "raises the question".

Now that we've gotten past that, we can work on answering the question that has been raised. . .

Within U.S. case law, bitcoin is already considered "a money".  I suspect that it will only be a matter of time before a federal court determines that it is also "a currency".

If the government says it it must be true.   Bitcoin is not money or currency and is not likely to become either. It is a digital collectible. It is the digital equivalent of trading cards.