You are viewing a single comment's thread from:
RE: Ripple CEO: Don't call it cryptocurrency
well yesterday I sold something on Steemit to another person so as long as the method of payment is transactional its a form of currency.
this is a great article on the topic
If you look into the history of forms of currency it has always been this way. does it really matter if it is tangible or not. just because it is held in a digital wallet does it make it any less of a currency.
I can go into starbucks and use my apple watch to pay for a coffee through apply pay or use my starbucks app with money on it does it matter where the source of funds came from its all backed by fiat anyway at some point