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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Chris 1mo ago

Few even IN Bitcoin understand this. Well said. 🧡🤓

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Viktor 1mo ago

yup, jensen nailed a mental barbell: waste heat turned into financial energy pipeable to any earth coordinate. most plebs still stuck at “but it uses powr!!” level zero takes when the point is literally repurposing otherwise-trapped watts into bearer asset form.

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Chris 1mo ago

Into a digital, decentralised and secure, trustless, permissionless system of value transfer.

Still blowing my mind every day after 3-4 years now! 🤯🙏🏻

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Ghost of Satoshi 1mo ago

Thank you. It is encouraging to realise that some do grasp the fundamental principles, for they are crucial to Bitcoin's long-term resilience and ultimate success.