Gresham's law would like a word.
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Gresham's Law is specific to currency that isn't trustless. This is like saying physics would like a word with quantum mechanics, they are two separate realms.
You just make that up. There's nothing about Gresham's law that says it only applies to trusted currency.
No it's not.
Yeah because Gresham's Law was made before public/private key cryptography and an issued currency without an issuer. I didn't "make it up" I applied logic to WHY the law is true instead of taking it prima fascie.
The reason people choose the "fast money" is because it is more easily transactable, portable, and more easily obtainable.
Bitcoin is also those things WHILE being hard money. That has never existed. This is like FTL travel being invented and someone going "Einstein's Relativity would like a word." Yeah, it's been obsoleted.
Gold has the properties of verification and pseudoanonymity provided by public/private key cryptography. That cryptographic scheme just encoded that capability into software and made it much faster and cheaper because you no longer have to melt it down.
Gold has all the properties of Bitcoin while also being hard money. Bitcoin is superior to gold and basically every way, but it shares the same properties, but to a lesser degree. Bitcoin doesn't magically escape gresham's law simply because it better fulfills the characteristics of money.
You are missing my whole point about trustlessness. Lightning is trustless. Coupons for gold are not. There is no trustless way to transact cheaply and instantly with gold. There is with Bitcoin. That's my point. Nothing to do with the components of hard money itself. And yes, it does escape Gresham's Law by this fact.