Author

Topic: Petition/SIX Interbank Clearing: Include a symbol for Bitcoin in ISO 4217 (Read 1472 times)

hero member
Activity: 588
Merit: 500
Not much is happening this seriously needs to be promoted better.
member
Activity: 112
Merit: 16
Are there even 100,000 bitcoiners out there?

My thought exactly.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
Are there even 100,000 bitcoiners out there?

maybe after another 4 Bitcoin years...  Wink
hero member
Activity: 588
Merit: 500
Are there even 100,000 bitcoiners out there?
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
hero member
Activity: 743
Merit: 500
http://www.reddit.com/r/Bitcoin/comments/16b0dw/petition_six_interbank_clearing_include_a_symbol/
Quote
It's killing me that people still try to position Bitcoin as a digital currency. It's a digital commodity with Fiat transferability guys... By positioning it as a currency you put bitcoin at risk to have the same fate as metal backed money, if not worse considering that we know in advance its total availability through mining. It's too easy to manipulate commodity currencies, speculators have decades, if not centuries of experience doing this.
Bitcoin needs to be classified as a digital commodity which can be used as a proxy for meta-trade between fiat currencies AND as a LONG investment vehicle. That would result in bitcoin having a bottom out value due to its use for pure transfer and a growth value due to speculation/investment/savings.
hero member
Activity: 743
Merit: 500
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