because of its scarcity, #Bitcoin could easily become the paramount elite luxury asset.

so I pose this...

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Money, by definition, is used by all. If it is only used by elites, then it isn't money. Its just an asset.

🤔 #Bitcoin is both

today I would say it more an asset then it is money, and it may remain that way, but the day is near when we can buy a car from any giving dealership using #Bitcoin.

Well if its used by all, then it doesn't belong to the elites, IMO

Not sure I have an answer to this, but makes me think of nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a ‘s #BrokenMoney and how commodity monies rise due to scarcity (as measured by sock/flow) and wide distribution.

My guess is that #bitcoin’s success or failure as a medium of exchange will depend on its distribution and transaction properties (fees and speed).

I wish Bitcoin would become the people's money.

Both

It will become the money.