Its important to understand the characteristics that make Money. They determine "why" it should be money, not "what" is money.
Making the arguments for Money to be a matter of Thymology (Psychology, Sociology, History) rather than Praxeology (Economics Proper)
#Bitcoin has all the characteristics of what should be money, it is not Money to the vast majority of the world at the moment.
Its the difference of saying that something has subjective value rather than why it has subjective value.
Please Login to reply.
No replies yet.