Wait, what? The inventor of Bitcoin said that it was cash? Well, that settles it then: nobody is allowed to disagree with an inventor about what their invention is or does.
Sarcasm aside, I think Bitcoin functionally bears much more resemblance to a distributed bank than to distributed cash. It's not perfect resemblance, and there are people who disagree with me. Just saying that it's cash isn't sufficient evidence to convince me, even if the speaker happens to be the inventor.
Sarcasm aside, I think Bitcoin functionally bears much more resemblance to a distributed bank than to distributed cash. It's not perfect resemblance, and there are people who disagree with me. Just saying that it's cash isn't sufficient evidence to convince me, even if the speaker happens to be the inventor.