Is bitcoin a currency?
Given that bitcoin has not been authorised as currency, in theory it is a barter.
Add BT as a preferred source
AL Gore, the 45th vice-president of the US, said: "I think the fact that within the bitcoin universe an algorithm replaces the functions of the government is actually pretty cool. I am a big fan of bitcoin."
Similar effusive sentiments were expressed by several well-known (and well-meaning) commentators and influencers about bitcoin a few years back.
But this year, Jamie Dimon, one of the most respected and influential bankers in recent times, who has been credited with steering J P Morgan out of the financial crisis of 2008, declared bitcoin to be a "fraud".
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