-
@ Satosha
2025-06-13 16:46:16
I have changed my definitions to suit the western world :-)
Money in Indian paralence was always fiat - something we should dispose off immediately.. seen as low .. but most western readers don't differentiate . They use money as something like an asset that doesn't lose value ... Eg Bitcoin or gold .. so be it .. money is asset , fiat is currency .. btw both are essential for free market ..
So I said Bitcoin is money means it must be hodled .. like Satoshi did for example .. they never spent their bitcoin ..todate ..
The idea of eCash is ability to trade with in insiders . The easier you can exchange ( with in insiders) better the network .. that is the reason Bitcoin is a better network ( hence asset ) than gold .. but it doesn't mean it is a payments system .. payment system must be an independent valueless token (paper dollar ) that is used as a vote to say which asset is better .. point in case - gold insiders always use gold for insider trades ..just like bitcoiners do .. that is the whole point of being an exclusive network ..
Coming to Core devs' implementation of latest change : it doesn't augment Bitcoin as money ( pure asset ) . It does try to attract more users ( miners ) of their software ..meaning they will be able to centralize mining on a single codebase by offering goodies .. hence it is greed ..
Sorry for long ..but you touched many chords :-)