140 sats \ 10 replies \ @Lux 19 Feb \ on: A refresher on what renders a good a money, and why Bitcoin isn't, yet. BooksAndArticles
According to you, the Yap stones were not money, because weren't globally adopted?
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0 sats \ 9 replies \ @Fabs OP 19 Feb
They were a local money, not a global monetary medium, but I get what you're pointing at... Hm.
How would you word it?
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114 sats \ 8 replies \ @Lux 19 Feb
Bitcoin is money, lol
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141 sats \ 0 replies \ @OneOneSeven 19 Feb
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0 sats \ 6 replies \ @Fabs OP 19 Feb
Then the bricks in my yard are also money, except that they aren't outside the "market" that consists of me and my neighbor exchanging firewood for bricks.
The yap stones are also money in that regard, but only on a small and local scale.
That technically makes Bitcoin "money", but not in the sense I'm referring to.
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30 sats \ 5 replies \ @Lux 19 Feb
I use it constantly, it's a tool that serves as money the best If others don't use it, doesn't not make it money, imo
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0 sats \ 4 replies \ @Fabs OP 19 Feb
Fine, than you're right and I'm wrong, point out the parts that need editing and help me with it.
Thought I made this clear already, but clearly not.
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0 sats \ 3 replies \ @Lux 19 Feb
Make a post about how Bitcoin is not a currency, I'll zap
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0 sats \ 2 replies \ @Fabs OP 19 Feb
How do you mean? I don't want zaps, I want input.
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0 sats \ 1 reply \ @Lux 19 Feb
People refer to btc as cryptocurrency, but there's a vital difference between currency and money. Most importantly the store of value characteristic. I tried a small lazy post #258575 I would like to see this argument more well written
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