Quote from: balotelli on June 25, 2024, 09:50:33 AM

Firstly, despite Bitcoin's distinctiveness and its own complexity compared to other financial forms like fiat currency, gold, etc., its essence remains "money."

Bitcoin wouldn't be considered innovative if it were merely another form of money, given that the world already has an abundance of currencies. So Bitcoin's essence isn't just being money but how it introduce new way of creating, transferring, storing, and securing money.

Quote from: balotelli on Today at 02:13:00 PM

Quote from: Mr.right85 on July 26, 2024, 09:47:53 PM

Having to recognizing its distinctive qualities and still go to say it’s all just money in the end isn’t actually factual.

Why do I mention'money''?
Bitcoin represents a revolutionary shift in the way we think about and handle money. As a decentralized digital currency, it offers a secure, transparent alternative to traditional cash transactions. With its ability to facilitate cross-border payments quickly and with lower fees, Bitcoin has the potential to replace cash in many transactions, particularly in a globalized economy. Its influence extends beyond just payments; it’s reshaping financial habits by encouraging digital and borderless transactions. As more businesses and consumers adopt Bitcoin, it could redefine how we view and use money, making cash increasingly obsolete in favor of a global payment system.

Are you refuting the one you post on the opening page? You are talking about the features of the Bitcoin technology here, while it tackles financial transactions, the features and the system Bitcoin Technology gives is more than money and rather the system of transfer, storage, creation and its security. Decentralization, immutability, transparency, trust, immutability and censorship resistance are all in the feature of Bitcoin technology and for me, it is the real essence of Bitcoin ... the technology.