I understand what the concept is but I don't agree that it ensures bitcoin isn't (or won't be) an medium of exchange. It already is. and it *absolutely* is when you factor in time (not just distinct parties) as an exchange dimension.

Replies (2)

Russo's avatar
Russo 2 months ago
if you call transacting in non sovereign bitcoin a medium of exchange, thats with you, but for me thats not a MOE if you only can use it legally in a permissive way
"only can" use it in a legally permissive way? didn't we already establish one CAN (as in, it is technically possible) use it no matter the laws? why do you place so highly in your epistemology the whims of a random set of politicians in a random building on a random piece of land?