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5 sats \ 7 replies \ @Emblematiz 7 Jul 2023 \ parent \ on: Germany has made it illegal to purchase a house with Bitcoin bitcoin
What does "bitcoin is not crypto" mean?
It means people on Stacker News are reading everything in bad faith.
The cited law said "crypto". Not op. This edgelord thought he needs to show it to us all by repeating the sentence as if this wasn't the shared opinion by literally everybody here. He probably had a smug smile while unnecessarily shitting on op.
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Thanks for your answer. Although, I'm not getting it.
Are you saying that "bitcoin is not crypto" is the shared opinion by everybody here?
If so, could you please explain me what means this shared opinion?
Is it sarcasm?
Thanks for the patience. I'm a bit slow sometimes
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I can't say for sure "everybody" but it's a fairly popular opinion. It means Bitcoin has an outstanding position in the space and shouldn't even be mentioned in the same breath.
To some extent even US Feds are agreeing with this and want to regulate Bitcoin as a resource like iron ore or gold and regulate Ethereum and others as securities like a bank or a stock etc. Although this is still up for debate
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It's not an opinion , it's a fact :-)
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It's neither fact nor opinion. It's lexical semantics.
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Ok. I think I got it. Thanks
Crypto here makes reference to the cryptospace/altcoins/cryptocurrencies. This is what I understood.
For a moment I thought crypto as cryptography. And just made no sense tome that BTC could not be cryptography.
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In general terms is about ownership, so called crypto currencies have owners (Eth = Vitalik's band, XRP = Ripple and its CEOs and employees, USDC = Centre and Circle, Cardano - Hoskinson, etc.) Bitcoin is a protocol , it is free and opensource under MIT license, runs public decentralized ledger. No one owns it, there is no CEO, there is no company.
Bitcoin is a comodity like gold and wheat, the rest of "crypto" are securities no matter what they trying to tell you. BTC is a coin not a token like ADA. Hope that helps. Use your google-fu for more... :-)
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