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We shall scrutinize
21 sats \ 6 replies \ @Lux 7 Dec
I would like to add: credit is not money, it might be older than money, but money it is not
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Indeed it is not. That's why the chapter is titled "A world without money".
I would like to add: a commodity is also not money.
A goat is a goat is a goat.
Same for shells, fish, grain, salt, gold, and bitcoin.
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100 sats \ 4 replies \ @Lux 8 Dec
Indeed it is not
now we talking :)
i'm too stupid to see how bitcoin is not money :)
are gold coins money?
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They can be. They were. They are not.
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0 sats \ 2 replies \ @Lux 8 Dec
Since when they are not? Who decided that?
Can Bitcoin be money?
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Q: Since when they are not? Who decided that? A: Take your pick: 1913/14 or 1933. See chart.
Q: Can Bitcoin be money? It can be. To get there, we must get the credit money layer right.
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21 sats \ 0 replies \ @Lux 9 Dec
i think get it, austrians think it's not money because the government says so
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