[btczeus]

"cash them"? I think you meant "spend them". Remember bitcoin is money, why convert it to another form of it? How would you "cash out" bills? Convert them to gold? The "What is money" section of the article taught you nothing?

[thegeomaster]

Sorry, it was a slip of tongue and has to do with the meaning of equivalent words in my native language---what I meant to say was closer to "exchange them for a form of money you can buy a yacht with." Not sure why the hostility, though, we are all wrong sometimes.

[yen223]

Can't blame him. Almost everyone who talks about Bitcoin talks about it as a speculative asset, instead of a currency. People are too fixated on the fact that its price in USD jumped a lot.

[UweSchmidt]

I guess "cash them" means "turn the speculative good into money".

The "What is money" section seems to agree (when leaving out the word "only"):

"The real difference between Bitcoin and a national currency is that national currencies are backed by governments, whereas Bitcoins aren’t really backed by anyone other than the miners."

So, the thing that is backed by governments is money, the other thing is not.