Dismissing market choice of media of exchange as a “meme” implies that it’s value is arbitrary when it’s not.
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If it was merely a meme, then we would use sand as money but we don’t. Money is a technology.
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First, it’s not dismissive to call something a meme. Memes are a cornerstone of civilization Second, I’m very happy to hear you finally agree money is a technology Third, of course money isn’t just a technology, otherwise a BTC fork w improved tech would easy surpass BTC
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I never denied that Money was a technology. That is a well known fact. But think of the term “technology” in a broader sense, incorporating human consensus and social contracts, which themselves are also a technology. Thus far there are no coins with significantly improved tech.
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...as they are all less robust, less proven, less battle tested, less secure, less recognizable, less liquid, less stable; which are all important components of said “technology” for this “technology” to be useful.
End of conversation
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