By: parallxq

parallxq — Wed, 17 Apr 2013 15:34:00 +0000

Forbes on why bitcoins are not money: “Money is most optimal when it is fixed in value just as commerce is
facilitated when we have fixed weights and measures. When you buy a
pound of hamburger you expect to get 16 ounces of meat. An hour has 60
minutes. A mile has 5280 feet. These measurements don’t ‘float.’ So too
money best lubricates commerce when it has a fixed value.”

Comments on: What Are Bitcoins And Why Should You Care?

By: parallxq