MinCoin, Crypto-Commodity or Crypto-Currency?
Posted 05 November 2013 - 05:24 PM
I'd say commodity, currency is just a random trust that the FED can randomly print out whenever they want
Yes, I agree. I think one of the key differences between a "Currency" and a "Commodity" is how they come into existence. Printing at will, and having no end to the "supply" is very anti-commodity to me. When something has a very real limit on how much of it can be produced then I start to think of it as being more commodity like.
- alttin likes this
MinCoin, The #1 Crypto-Commodity
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