![Alan [Doesn’t post unsafe links] Siefert](https://pbs.twimg.com/profile_images/1120941802305929217/U8ZFJN45_normal.jpg)
Bitcoin is Officially A Failed Experiment Paypass is Easy !
"Ring-money" was a store of wealth, display of wealth, & medium of wealth transfer (land transactions, legal damages, inheritance, etc.). Jewelry *and* low velocity money, two functions modern Western culture considers separate, condensed into one object. https://unenumerated.blogspot.com/2016/07/artifacts-of-wealth-patterns-in_15.html …https://twitter.com/KoosJansen/status/1012433973153157120 …
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What about Lombrozo's Ringcoin?
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Added to the weekend reading list :) BTW, any good books suggestions?
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I guess the ring shape, just like coins or stones with a whole in it had a practical purpose: easy to combine them using a string, and keep it save by wearing around neck or arm. so it was money before it became jewelry.
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What about a necklace that says “three digit club” exclusively for people with 100+ BTC? How else are you gonna flaunt your wealth with crypto?
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Gold will always be money bc: #1 women have/will always like shiny legitimately rare things #2 bitcoin is niether flashy nor useful for anything whereas gold has unique uses #3. Dense, portable, and no record of ANY kind to denote tranactions BTC only has PORTIONS of #3
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