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by sph
924 days ago
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Ugh. I initially wrote currency, but knew I'd get a pedant to disagree with that definition, which I did get anyway. You're arguing its legislative and societal role, I'm calling it for what it is: a thing whose primary role is to store and exchange abstract, agreed upon value. Just tell me what to call that. |
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To be fair that's a hard one. Token? Speculative asset? I mean it's closer in most ways to stuff like gold coins or diamonds than real money.
> role is to store and exchange abstract, agreed upon value
Yet most people only buy it and/or hold it entirely for speculation/"investment" reasons.