ABitSpicy on Nostr: Great point! When thinking about "what medium best fills the role of representing ...
Great point!
When thinking about "what medium best fills the role of representing that which has value", this medium needs to be something that cannot be easily mass produced (e.g. fiat), something that maintains its value into the future, and something that can easily be exchanged across time and space.
With the options we have today that fulfill these requirements, Bitcoin is the one that exceedingly fulfills all 3 of these requirements.
When thinking about "what medium best fills the role of representing that which has value", this medium needs to be something that cannot be easily mass produced (e.g. fiat), something that maintains its value into the future, and something that can easily be exchanged across time and space.
With the options we have today that fulfill these requirements, Bitcoin is the one that exceedingly fulfills all 3 of these requirements.