drop a bitcoin wallet address.
i will send you 10 bucks in bitcoin. Money where my mouth is. note. it tends to move around since markets havnt yet come in to large scale agreement of what bitcoin is worth.
Once you have that 10 bucks. go buy a coffee with it and then tell me its not money.
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drop a bitcoin wallet address.
i will send you 10 bucks in bitcoin. Money where my mouth is. note. it tends to move around since markets havnt yet come in to large scale agreement of what bitcoin is worth.
Once you have that 10 bucks. go buy a coffee with it and then tell me its not money.
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If a coffee shop give me coffee because I told them via Bitcoin software that quantity is money that doesn't make my statement true. Money is not quantity, but a thing measured with quantity. I could just as well go to a coffee shop, order a coffee and pay it by writing number 1 on a peace of paper. This won't make number "1" money, but coffee owner stupid. Number is an abstraction, it holds no value and it is impossible to compare it to the value of the coffee to find out whether the "exchange" is beneficial or not. So exchanging coffee or anything for numbers is stupid. You exchange them for things, existing things - other goods, debt (fiat money), services or labor. And you use numbers only to express the quantity of these existent things.