This discussion about the viability of Bitcoin as currency is - TopicsExpress

This discussion about the viability of Bitcoin as currency is tiresome. Bitcoins viability as currency has nothing to do with the characteristics of Bitcoin. Bitcoin is a viable currency if people value bitcoin enough to choose to use it as a medium of exchange and continue doing so through their actions. Mises is instructive here. Value is not intrinsic, it is not in things. It is within us; it is the way in which man reacts to the conditions of his environment. Neither is value in words and doctrines, it is reflected in human conduct. It is not what a man or groups of men say about value that counts, but how they act. -Ludwig von Mises

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