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47 sats \ 10 replies \ @DarthCoin OP 7 Nov \ parent \ on: What kind of subliminal message is SN trying to say here? meta

bitcoin is currency, right?

Is it?

21 sats \ 8 replies \ @Lux 7 Nov

https://www.law.cornell.edu/wex/currency

37 sats \ 7 replies \ @DarthCoin OP 7 Nov

Currency can be defined as a system of money issued by a State on a national territory

Exactly that trigger my curiosity about that SN message... WHO is the State in Bitcoin case?

0 sats \ 6 replies \ @zx 7 Nov

letters	thing	code	numbers	state
ZZ08_Gold	Gold	XAU	959	N.A.
ZZ09_Palladium	Palladium	XPD	964	N.A.
ZZ10_Platinum	Platinum	XPT	962	N.A.
ZZ11_Silver	Silver	XAG	961	N.A.

ref

0 sats \ 5 replies \ @konstantin21 7 Nov

so commodities are currencies?

100 sats \ 0 replies \ @Lux 7 Nov

Currency is issued by an authority and it's valid only in that jurisdiction. Picture casino chips, or cowboy credits

0 sats \ 3 replies \ @zx 7 Nov

That's my question. according to International Organization fo Standardization

ISO 4217 Currency codes

"This standard establishes internationally recognized codes for the representation of currencies that enable clarity and reduce errors. Currencies are represented both numerically and alphabetically, using either three digits or three letters. Some of the alphabetic codes for major currencies are familiar, such as “EUR” for Euros. Fortunately, ISO 4217 covers everything from Afghanis to Zambian Kwacha as well."

Definitions and the practical application of them seem to be at least arguably not the same thing.

21 sats \ 2 replies \ @Lux 7 Nov

Commodities are not currencies, paper commodities are

0 sats \ 1 reply \ @zx 7 Nov

Interesting. So, by 'paper' in 'paper gold' for example, we really mean electronic.