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21 sats \ 1 reply \ @0xIlmari 22 May \ on: Bitcoin is the only true form of money. The rest are a variety of scams bitcoin_beginners
Um, no? Gold is a perfectly fine form of money, and has been for thousands of years. So has been silver, other metals and commodities. They are inferior in most aspects, sure, but Bitcoin is not perfect either, and is not the "final form" of money - there will be a successor when the needs arise and technology allows (e.g. Bitcoin is not feasible for an interstellar species).
Did you mean electronic forms of money? Or do you disregard all physical commodities as invalid?
Did you mean electronic forms of money?
Electronic forms of money, indeed. The physical forms are controlled by a central entity, are not convenient for large transactions, are at risk of theft, and cannot be used for online transactions.
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