On 2011-07-09 2:05 AM, John Levine wrote:
My impression is that it's not a problem, since I don't think there
are any significant governments so ignorant of macroeconomics to
confuse Bitcoins, which are commodities, with money.
You can buy stuff with bitcoins, therefore are money.
Possibly their main value is buying illegal stuff, for which usage we
really need Chaumian coinage backed by bitcoin's, bitcoins themselves
being backed by nothing at all.
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