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Replying to Avatar ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

currency is a stupid word, it's basically money, MUH NEEE

the whole reason why it has the "coin" in the name is that the word MONEY means COIN and COIN is a trustworthy intermediary because its supply DOESN"T FUCKING CHANGE SUDDENLY

before all the fancy tech of today, most of the time, gold supply was pretty slow at growing, and still is, but now, it can sometimes sharply increase simply because there is more people out prospecting than ever before in recorded history

bitcoin solves that problem, and this is one of the things that makes the goldbugs like Schiff chafe so much about bitcoin they have to fud it constantly

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ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

also, "currency" is a fuzzy term for moneyness, the proportion of the population who will accept it as payment, bitcoin is not far behind the top 4 major currencies for this property, sorry #notsorry

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