Author

Topic: A different perspective on the accounting ledger known as Bitcoin. (Read 877 times)

donator
Activity: 1218
Merit: 1079
Gerald Davis
ALL money is merely an accounting ledger.  One can't "move" fiat" into Bitcoin that would imply the supply of fiat would reduce and the supply of Bitcoin would increase.  One however can opt to exchange fiat for Bitcoin.
sr. member
Activity: 350
Merit: 250
A friend tweeted this to the world today.

The argument "let's all move our fiat money into #bitcoin" is getting sillier every day. How does one move money into an accounting ledger?
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