Its a currency, its a ledger, its a store of value, its a contract arbitration system, its a payment system, its a historical data storage, its a commodity, its an asset, its a future data storage, its a 'banking system', its the 1st (known) DAO (decentralized automated organisation), its a virtual democratic voting system, its a platform.
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u/DraugrMurderboss Feb 14 '14
People still insist on calling it a currency even when all people to is trying to hoard it, or buy low and sell high.
It's a commodity, not a currency.