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a-stjohn
on Jan 11, 2013
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Bitcoin exchange hacked via Rails exploit, funds s...
...which is also no different than paper money, or the money we store digitally in our banks...
philwelch
on Jan 11, 2013
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The difference is, you can't pay your taxes in bitcoin.
coconutrandom
on Jan 11, 2013
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You can't pay your taxes in gold. Or yuan for that matter. That doesn't invalidate it as a currency.
philwelch
on Jan 11, 2013
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Chinese people can pay their taxes in yuan. When there was a gold standard you could pay your taxes in gold, but now there isn't, which is why gold is just a commodity, not a currency.
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