What is an inscription written into the only medium that will never forget? There is no second best.
If i am making a transaction specifically to inscribe something immutably on the ledger, I am not using the network for a monrtary function. its non-monetary.
Money is a linguistic tool which communicates value.
the protocol allows it, but that doesn’t mean everything the protocol allows is monetary.
it’s monetary when it functions monetarily.
if i am making a transaction in order to allow me to do something else, the “something else” is its purpose
I’m sure most of this confusion comes from the “value is subjective” overcorrection.
but luckily we are writing a book to get back on course
Money is a linguistic tool which communicates value.
the protocol allows it, but that doesn’t mean everything the protocol allows is monetary.
it’s monetary when it functions monetarily.
if i am making a transaction in order to allow me to do something else, the “something else” is its purpose
I’m sure most of this confusion comes from the “value is subjective” overcorrection.
but luckily we are writing a book to get back on course
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