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by bruce511 1890 days ago
You are equating different cards to different bitcoins. That's not the point of the article.

In the context of the article there are a limited number of say babe Ruth cards. They are all the same. Bitcoin is the babe Ruth card. Other cards represent other coins.

Arguing if bitcoin is money is like arguing if a ferrari testarosa is a car. It clearly is,but at the same time it's not a terribly useful car.

Sure bitcoin is money, but it's not an especially useful form of money. Its main attribute is scarcity,not utility. A regular car will drive around 200 000 miles in its lifetime, the ferrari maybe 50 000, probably less.

Bitcoin may be money, but its a pretty weak form of money in terms of what we need everyday.

1 comments

Ah thanks for clearing that up for me. But comparing all the Babe Ruth cards to Bitcoin makes even less sense.

2,100 trillion satoshis is qualitatively different than something with only tens, hundreds or thousands of units.

Not to mention that every Babe Ruth card is still judged individually on its relative value to other Babe Ruth cards. Differentiated by its condition for instance.

I just don't see that comparison making any sense.