Quote from: Snowshow on Today at 05:49:40 AM

You cannot refute a definition by fantasizing that someone would not accept it. That's just presenting how powerless you are in a discussion.

I refuted the definition, because you weren’t articulating yourself clearly, you didn’t even mention the word intrinsic value once till now(intrinsic value ≠ value). And nah i didnt fantasise about anything, this definition is still bad af for more serious use cases, even if you wanna use it for intrinsic value, but i won’t discuss this now, because it doesn’t matter.

If you wanna talk about intrinsic value, then it’s a different discussion. But finally you’re starting to articulate yourself more clearly, we can call this progress.

Quote from: Snowshow on Today at 05:49:40 AM

Bitcoin is not an economic resource

The problem is you’re trying to suggest something with this. Sure there’s forms of money like gold than can be used to produce goods. But for people who used gold as money, this is not the primary function.

Also like i said above, fungibility is important for any kind of money, small differences can already affect its desirability. So maybe it’s better in the first place, to not be able to make different things out of it, because amateurs won’t understand it and then shoot themselves in the foot. This is also be a point that could be made against nfts and tokens on a main layer.

Are we starting to evaluate the capability of footballers, by evaluating how well they can play basketball now too?

Quote from: Snowshow on Today at 05:49:40 AM

and no human being can benefit from it.

K let’s remember the state of the world in the last years, now let’s check out what Bitcoin did:

Uniting a group of anti authoritarians worldwide(which is hard, because they’re usually individualists and completely different from each other).
Challenging people to get deeper into computer science, economics, game theory and psychology.
No need to trust a central authority.
Self custody over money.
Censorship resistance.
Transaction finality.
Sane monetary policy that won’t change in our lifetime.
Hardest asset to confiscate.
Tearing down economic gatekeeping(you can transact worldwide, or borderlessly recover your money, if you can remember 12/24 words(optionally a passphrase on top) or keep them safe).
No need for permissions.
Best long term perfoming asset in the last decade.
Triggering morally bankrupt and emotional people.

The list goes on.

Im sure no human can get a benefit out of this, because making jewelry out of money is more important for the world right now.

Quote from: Snowshow on Today at 05:49:40 AM

Debt behind fiat money is an economic resource because people benefit when that debt is paid, as I have explained in the OP.

There’s an argument to be made, about how debt based money creation affects its durability. Because with each time you’re taking or giving a loan, you’re essentially making everyone else purchasing go lower, on the big scale this is huge.

How durable is it to gain some additional economic capabilities in the short term, but then making the entire working population fall into cantillon effect(more and more extreme concentration of wealth at the top).

So repeated use of Fiat actually affects it’s durability to be used as a store value, no matter how someone will phrase it, which makes it a weak form of money long term.
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And now to put it simply, stop mixing economic resources and money, because it will do you more harm than good and just create confusion to yourself. In most cases money isn’t supposed to be used as an economic resource(to produce goods or services). It should facilitate trade, but not be an productive resource itself. The purest form of money isn’t to be used for anything else, like i outlined above, using money for different things can be counterproductive.