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Author Topic: [2014-08-13] IMF Asserts Bitcoin Not a Currency in Draft Report  (Read 786 times)
row5_seat47 (OP)
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August 14, 2014, 01:31:06 AM
 #1

International Monetary Fund Asserts Bitcoin Not a Currency in Draft Report
http://letstalkbitcoin.com/blog/post/international-monetary-fund-asserts-bitcoin-not-a-currency-in-draft-report
cryptofan5
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August 14, 2014, 02:11:46 AM
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Not all electronic payments involve electronic money. For instance, credit cards or debit cards are not electronic money because no monetary value is stored on them; and store cards or internet-based currency (such as Bitcoins [13] or gaming money) are not electronic money because these are not widely accepted as a medium of exchange.

What is there definition of widely accepted? Bitcoin is accepted wider then any other electronic payment method, except credit cards.
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