You're using semantics to try find justification for bitcoin ponzi.
How? You can’t even separate between someone who is discussing with arguments, and someone who wants to scam you out of your money. Idc what you invest in, or how you handle your money, you should decide it yourself anyways. You assume everyone who doesn’t fit your own reasoning is a scammer, which makes you incapable of intellectual debate. This world is too complex to understand for you, so you gotta assume everyone is nefarious, to not get overwhelmed, a big sign of weakness. It’s just laughable, when people that are way older than the younger generation, aren’t even capable to engage in debate, when they’re supposed to be the ones who teach us.
Yes, money is not an economic resource but a word that we use to describe the concept that some economic resources have specific characteristics, such as fungibility. Because of that, we say that an economic resource is money. So if there are no economic resources, you cannot use the word money. Except if you want to scam people. Which is exactly what happens here. A unit in a scheme that has no economic resources is called money, or specifically, "revolutionary new money",
Like i said its not an economic resource, just stop trying. The lack of fungibility is a real problem, wanna see it in action?
Here:
https://www.emk.com/en-us/gold/#navigation:q=&attrib%5Bcat_url%5D%5B0%5D=%2Fgold&order=shopsort+desc&first=0Which one of these would you accept over another? Which one do you choose to best store your money? This problem doesn’t exist with Bitcoin, because each unit is the same. Im not using abstract semantics, this actually relates to the real world. It actually influences how well something can be used as money, not everyone will want your jewellery, not everyone will want ur gold coin the same, because there’s too many differences. The same problem exists in fiat, who will accept your yen, who will accept your euros, who will accept a 500€ bill? The desirability varies if fungibility isnt good enough.
in order to scam people out of their resources. Hence, a classical scam dressed up in a new uniform.
I don’t even want you to invest in it, even if you start to understand it. Im discussing with you because you’re working with wrong assumptions and bending concepts to fit ur needs, instead of staying objective. Scepticism towards something new, against any rational argument is a repeating pattern in society, people are just too hesitant to leave their conformity bubbles.