Bitcoin may be considered the king of digital currencies today, but the question prevails: Is it real money?
Not really, according to economics professor Charles Evans.
In an appearance before a Florida judge, the Barry University professor argued that bitcoin isn’t real money and more of like “poker chips that people are willing to buy from you,” according to The Miami Herald.
In all fairness, the prosecutor posed a question if bitcoin is “an actual coin,” to which Charles answered: “In a sense of a physical piece of base metal? No.”