Very good point, Bitcoin is primarily money, which we are encouraged to forget by the establishment who have decided they like Bitcoin the asset, but not Bitcoin the money 😂
Discussion
Someone else posted this summary earlier:
I thnik you are just discussing semantics. The hard cold reallity is that what people massivelly get and trade is fiat. We are trying to convince them to change to btc to protect their wealth because we think fiat will sink and btc will rise.
But, to protect your wealth there are other means that only time will say if they are better or worse than btc (even if we are convinced btc is the way, we can be mistaken) like shares, gold...
So if anyone is anyone wants to look for a way to protect its wealth switching from fiat to any other thing (including btc) he must have a minimun uderstanding of what can go wrong
No we are not discussing semantics.
You are describing Bitcoin the asset and everything you are saying in valid.
You are not discussing Bitcoin the currency. Until I can buy everything, everywhere in Bitcoin, Bitcoin has not succeeded as a currency.
Even in El Salvador it is not really succeeding as a currency.
I think this will change when Bitcoin reaches global adoption and it acts more like a stablecoin.
I discuss this here:
https://habla.news/u/mhardcastle@nostrplebs.com/1732297906156
Until I can buy a pint of milk and a house and everything else in between with Bitcoin, Bitcoin has not succeeded as a currency.
Thank you. I was struggling with explaining asset versus currency to my mom ( who bought some!)
Yes, indeed. Bitcoin is money. What makes humans different is language. We have to be very meticulous with the meaning of words. Otherwise confusion reins. „They“ want us confused…" if thought corrupts language, language can also corrupt thought."
-Orwell