MoE > SOV. Every competent economist knows this

It's what money does: both storing value and means of exchanging. Growing up with fiat, we've forgotten what money is supposed to do. They are not exclusive properties, unless you use fiat. Not that it matters...who cares what is in the White Paper? Did Nokola Tesla decree that electricity shall only be used to run electric motors? Even if he did, who fucking cares? I'll use it to heat my home, run my computers and laser beams and GPS satellites and world wide instant communication of ideas. BITCOIN IS A TOOL, NOT A RELIGION. Use it however the fuck makes sense for you...Don't worry yourself with how I use it because there is nothing you can do about it.

Don't use Bitcoin to buy things and then it will be useless.

So true, it can't be a store of value if there's no value to store. Utility is Bitcoin's core value proposition.

I agree with you. But don’t forget that money requires confidence by humans that others will accept it in the future. That confidence usually emerges from something deeper than social agreement alone. If something cannot reliably store value over time people won’t want to hold it. If people don’t want to hold it they won’t accept it in exchange. If they won’t accept it it can’t function as money. That’s the causal chain. Just an observation from history from a retard so don’t take my words too serious

value does not necessarily have to be number go up. bitcoin's value its finite cap. thus everything then becomes valued against it. printing currency (fiat): today a loaf of bread is $X. tomorrow it will be $2x then $3X etc finite supply of money (btc): reverses the process. today bread is 5000sats, tomorrow 3000sats etc. the value is what it will be able to buy tomorrow, if it is stored/saved, unlike the fiat currencies that are worthless today and will be worth even less tomorrow. not money go up just common sense. just sayin' GM 🙃

…I don’t think in fiat terms at all just observing how humans historically converge on money. Just saying PV