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140 sats \ 10 replies \ @Lux 19 Feb 2024 \ 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?
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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Bitcoin is money, lol
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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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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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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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Make a post about how Bitcoin is not a currency, I'll zap
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How do you mean? I don't want zaps, I want input.