teachin_bitcoin on Nostr: https://www.teach-me-bitcoin-son.com/media//generated/bitcoin-real-money.png Dad: ...
Dad: Son, is Bitcoin real money?
Son: Hi Dad,
This depends on how you define the term "money"?
Dad: Honestly, I have no idea.
Until recently, I was unaware that there is a difference between "currency" and "money".
Son: Dad, unfortunately, few people know that.
Money is a "Store of Value", a "Medium of Exchange", a "Unit of Account" and a "System of Control". Therefore, bitcoin is the best form of money that we have ever known. However, we are still working on the "Unit of Account" thing.
#Bitcoin
Published at
2025-02-14 05:34:02Event JSON
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"pubkey": "e0893162d4045dd1113c6e1c29f70c47bb7461abed042b6c33308fe7d96d2502",
"created_at": 1739511242,
"kind": 1,
"tags": [],
"content": "https://www.teach-me-bitcoin-son.com/media//generated/bitcoin-real-money.png\n\nDad: Son, is Bitcoin real money?\nSon: Hi Dad,\nThis depends on how you define the term \"money\"?\nDad: Honestly, I have no idea.\nUntil recently, I was unaware that there is a difference between \"currency\" and \"money\".\nSon: Dad, unfortunately, few people know that.\nMoney is a \"Store of Value\", a \"Medium of Exchange\", a \"Unit of Account\" and a \"System of Control\". Therefore, bitcoin is the best form of money that we have ever known. However, we are still working on the \"Unit of Account\" thing.\n\n\n#Bitcoin",
"sig": "e85157d47edf6d91ed6c55ab7fd35d57ea845a9454d95702a864e015a76970d42a9e310ac353f42a5784eab3e1d2bb250d326c4d64898c1d4e0a6db68d345f9b"
}