confusing correlation with causation. Money had to be a desired commodity first.
Money is a commodity & Bitcoin was desired as (indeed designed as) money from the very first.
-
-
so far so good on the experiment, but it's not a natural element desired in commerce first
-
Irrelevant.
-
why? We live in an objective physical reality with entropy. What's different from assignats?
-
bitcoin is a commodity on the service layer of economy not physical layer. Again these are just my observations. I'm long btc
End of conversation
New conversation -
-
-
Presumably
@NickSzabo4@roysebag@GamerAndy you are unaware Money Supply consists of C +D... Read Friedman Schwartz for more... -
Oh you don't recognize C, D?
@NickSzabo4@roysebag@GamerAndy Currency, Deposits...
End of conversation
New conversation -
-
-
Absurd to say fiat money is a commodity! Absurd misunderstanding!
@NickSzabo4@roysebag@GamerAndyThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.