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10 sats \ 2 replies \ @Solomonsatoshi 6 Oct \ parent \ on: What’s something “common sense” that you just don’t agree with? AskSN
Money is entirely an abstract human construct.
It is a powerful one though.
Bitcoin definitely is money.
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21 sats \ 1 reply \ @Palameraaa 2 Dec
Money is the method that we use in our minds to figure out the value of something. Money is not a currency. Money is not a token.
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0 sats \ 0 replies \ @Solomonsatoshi 2 Dec
Money can be seashells or gold coins, or beads, or a digital token. Something that can enable trade and exchange (MoE) store of value (SoV) and be a unit of account (UoA) is functional as money. Bitcoin does all three - although for unit of account it is more volatile than ideal and as a MoE it is highly obstructed by the fiat debt slavery bankers cartel.
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