Sound Money on Nostr: Regarding the beginnings of Bitcoin (and the Regression Theorem): Functioning as a ...

Regarding the beginnings of Bitcoin (and the Regression Theorem):

Functioning as a MoE implies having exchange value. Having the expectation of functioning as a MoE provides use value (such expectation is valued) but not exchange value. Exchange value is provided by purchasing power (knowing that can be exchanged and for how much) #Bitcoin