JackTheMimic on Nostr: I will reiterate, my definition of value is the correct one. There is no such thing ...

I will reiterate, my definition of value is the correct one. There is no such thing as inherent value. Every value is the speculation upon it by a human. Water is inherently valuable? How much would a drowning man pay for a bottle? How about a man in the desert? No good or service has intrinsic value. I emplore you to read Human action by Ludwig Von Mises or if you REALLY want to break it down as far as possible read Man, Economy, and State by Murray Rothbard. All of your analysis hinges on that fact being untrue.

I agree that Lightning isn't hard money because it's not money, angain it's a currency.

The problem of a trilemma is that choosing more than 2 options of a trilemma is like choosing both options in a dilemma... It's logically impossible. Monero is dynamic in that it's two changes as the block changes. Its dynamic blocksize diminishes its security proportional to its scale. The security is based on its auditability not the signatures. The ability to audit and verify is what secures any blockchain.

So, anyway I am not really into debating definitions. I am glad we agree that Fiat is destructive. I think bearing down on what makes sound money sound, is what really reveals what properties are important.