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That's not an arbitrary decision. An asset can or can not qualify as a unit of account. If it does, it can be used as currency. Bitcoin doesn't, yet. Bitcoin arriving there, is what the paradox is about.
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That's not an arbitrary decision. An asset can or can not qualify as a unit of account. If it does, it can be used as currency. Bitcoin doesn't, yet. Bitcoin arriving there, is what the paradox is about.
An asset is what it is. Unit of account is its function