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0 sats \ 10 replies \ @kepford OP 10 Dec \ parent \ on: The Fallacy of Store of Value vs. Medium of Exchange bitcoin
Money exists with or without the state so I don't think government approval is the key. Think about the prison example. Also, the point isnt how you would define the term. It's how is it defined by the person you speak to or at least making it clear how you define it if that differs from them. Talking past people is an easy mistake to make and key communication flaw.
We can't force definitions on people. We can define what we mean though as I have attempted to do.
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I know what you mean. Some things sound collectivist that are not. I'm referring to the way the term is used but also trying to make the point it happens spontaneously as well. Money, law, and order predate the state and outside of it. MoE is no different.
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I said that in my post...
Well said. A “collectivist” thought or thought pattern cannot exist in a world of humans because every human is an individual. Bees and ants are a bit different, though. They have a “collective”.
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You have a point on talking past people. Most of us here would be using BTC as MoE if they could. The world is just a bit slow on catching up, is all.
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