Replying to Avatar a source familiar with the matter

Gold is not a ledger, that's simply nonsense

Bitcoin is currency, not money (and certainly not a commodity ie standardized material good)

Bitcoin is

A currency without a face value

An equity which can never pay a dividend

A bond with no coupon and zero principal

A commodity with no industrial demand

But limited supply!

It looks sane only in comparison to the even greater insanity of fiat currency

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Toby McMann 2y ago

If you think Lyn was saying gold is a ledger, and you don't think bitcoin (the token) satisfies the properties of money, then I fear we are best served simply invoking the teachings of Satoshi. "“If you don't believe me or don't get it, I don't have time to try to convince you, sorry."

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a source familiar with the matter 2y ago

What's the difference between currency and money?

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