Jumping from the subject of gold as a resource to gold as a form of money, and to the subject of Bitcoin is unsystematic.
It’s a deliberate connection: It’s properties as a resource is precisely why humanity chose it as its money.
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Has nothing to do with its industrial value or use value. Has everything to do with it being hard to inflate.
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Again, that's unsystematic. Gold is not used as money in any form anymore. All of it stands true for gold.https://twitter.com/yevgenydevine/status/980315732671127552 …
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are you joking? Gold is a store of value
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Nowhere I say it's not.
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You said “gold is not used as money in any form”. SoV is one 3 functions of money.
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You confuse possibility with necessity, it's a modal fallacy.
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Your statement regarding “Gold is not used as money in any form” is nevertheless false, though
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The keyword is "anymore", you missed it. Small groups of people do not count.
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The course of this discussion is unsystematic, not the connection between any of these subjects. You jumped from a subject of MoE/UoA/SoV to gold as a resource, then to gold as money, and to Bitcoin, all in 3 posts, without covering a single part sufficiently.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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We'll continue this discussion when I wake up.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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