Quote:
Originally Posted by dyna mo
i just found this info in about 2 minutes supporting my points and comments so i am unsure why you can't find anything about it.
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I think we are just looking at it in different ways. I am making my comments in the context of all the endless discussion on this board... not within the context of any random article which may or may not support my beliefs. The honest truth is that i have zero interest in bitcoins or the outcome. I'm fascinated with all those who are obsessive, deluded and in denial about something thats so obviously unproven.
As for the use of the word "currency", its really not necessary to look for examples of titillating headlines when we have actual dictionary definitions as well as common usage.
http://dictionary.reference.com/
cur·ren·cy [kur-uhn-see, kuhr-]
noun, plural cur·ren·cies.
1.
something that is used as a medium of exchange; money.
2. general acceptance; prevalence; vogue.
3. a time or period during which something is widely accepted and circulated.
4. the fact or quality of being widely accepted and circulated from person to person.
5. circulation, as of coin.
Further the references in the articles to it not being a currency used as proof bitcoins are not a currency, are absurd. The Atlantic has the headline that its not a currency and then calls it a currency in the body of the article.
The Bloomberg article says its not a currency because what you can buy with it is limited. Obviously not meant to be taken literally as their is no pre-defined amount of stuff you can buy with something before that something can be called a currency. These aren't people relying on literal definitions nor meant to be taken literally, these are people trying to get page views by creating inflammatory headlines saying the opposite of what people want to believe.
Furthermore, The Atlantic's own headline "no longer a currency" clearly implies that it at least was a currency by their own definition, however elusive or blurred their definition might be.
Finding articles calling it "an experiment" does not make it an experiment. What is an experiment? Who views it as an experiment? Who on this board is talking about "experimenting"? No one. The conversations are most often Ron Paul-like in nature and defy any and all reason as most are committed to an outcome and a dream of whats to come. You've found 3rd parties with no vested interest referring to it as an experiment as a matter of literary license.