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Author Topic: Bitcoin is 'hard' digital money  (Read 1226 times)
julz
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March 08, 2012, 08:41:57 AM
 #1

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

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finway
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March 08, 2012, 09:05:06 AM
 #2

Hard is good.

da2ce7
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March 08, 2012, 09:08:37 AM
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Hard is good.

Well said... Well said.

One off NP-Hard.
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March 08, 2012, 09:11:44 AM
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hard money rocks!

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March 08, 2012, 09:20:31 AM
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Hard is good.

some say also size matters

your ad here:
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March 08, 2012, 10:54:08 AM
 #6

Bitcoin:  "I'm hard and my market cap is getting larger"

One off NP-Hard.
bracek
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March 08, 2012, 02:33:35 PM
 #7

Hard is good.

some say also size matters

size and technology

it goes something like that Smiley
triplehelix
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March 08, 2012, 03:58:30 PM
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Hard is good.

some say also size matters

of course size matters, but you could have the biggest pile of cash on the block, if its not hard, its not as useful.
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March 08, 2012, 11:49:23 PM
 #9

Hard is good.

some say also size matters

of course size matters, but you could have the biggest pile of cash on the block, if its not hard, its not as useful.
I lold

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March 09, 2012, 01:10:26 AM
 #10

Hard is good.

some say also size matters

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 mnode, in which case you'll be able to afford staying at the Hamptons.
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