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Replying to Avatar Michael Wilkins

It’s storing in in a new form which is actually

Currency, Money and a Commodity hybrid.

The majority of people think they currently work for “Money” when they actually only work for a currency.

Money has to have 3 distinct properties

1. Store of value

2. Medium of exchange

3. Unit of account

Fiat currencies do not store value. So by definition they aren’t money.

Only Bitcoin is a currency, money and commodity hybrid. Gold is a commodity and money. Fiat currency is simply just a currency, it is not money nor is it a commodity.

Few understand this

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rapadu 1mo ago

FEW 🧡

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