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10 sats \ 3 replies \ @TheBTCManual 2 Sep 2022 \ on: Bitcoin isn’t money bitcoin
Money or rather the term is just an easy reference point for people, all information is money and all money is information is it not? I mean I could trade a tutorial to do something and you could give me your moms recipe and we traded information, but both of us found value in it, both of us can use that information to drive economic activity in our own right, we are both better off because of the transaction
I say keep saying bitcoin is money, because it's an adversarial stance, we want bitcoin to be attacked, if bitcoin can fail due to a narrative or regulation, then whats the point? Then we're larping about its anti-fragility
Totally agree, see my other responses in this thread. I heard a story once that Native Americans couldn’t see the huge ships of the Europeans even though they were anchored just off shore because they had no frame of reference. The ships were so foreign to them that they were effectively invisible. I wonder if Bitcoin is that ship for us. Of course Satoshi intended for it to be better money, but what if it’s something even more profound and I just don’t see it because of my framing.
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That's a super interesting fact, I did not know that, gives me something to think about and I do think it's true, modern humans aren't really discovery types, we've become so referential and close-minded, the technology we've created makes many think this is the be all and end all and new ideas are just meant to be adaptive of adding tech on an old thing making it faster or somthing
Now bitcoin comes along and you see all the narratives, its digital gold, its this, its that, these are all attempts to try and apply a reference to it, but every attempt means you disregard some element of bitcoin so it doesn't do it justice
I can totally see why people can't see bitcoin even though we think it's obvious, it's just so overwhelming when you realise EVERYTHING we do is based on a broken system of measurement, I still break my brain about it daily
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YES, this is how i'm trying to think about it. Not sure it is a fact, but its a nice story. It is true, bitcoin is the equivelant of those ships, most people don't even think about money let alone possibilities of magic internet money. Now, i wonder what i'm not seeing. Amazing times!
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