Post
Topic
Board Economics
Re: An Honest Introduction to Money
by
BobK71
on 17/05/2015, 18:01:31 UTC
How does bitcoin fit into the standard definition and traditional role of money? how might it change money? Are you going to have subsequent commentary that extend beyond this introduction? Have you linked this up with any of the other money supply and currency use discussions going on in this forum?

It would be nice to get a healthy, educated debate going on the key challenges facing bitcoin and "money".

IMO bitcoin is really a new gold or silver.  And these things don't come often in human civilization.  I'm not sure which "standard and traditional definition" you mean.  Is it the millennia-old system of money, or the centuries-old system of what I call modern money?

I will definitely talk more...  In fact I would say almost half of this essay has probably been covered in one way or another by my other posts in this forum.  I tend mostly to reply to others' comments.  Only twice, I believe, I have started new threads.