Damus
vinney...axkl profile picture
vinney...axkl
@vinney...axkl
I find it both deeply poetic and kind of alarming that from the perspective of Mises's regression theorum, the utility value of Bitcoin is its ability to function as superior money - and this utility is what allowed it to be used as money in the first place.

recursive relationships are either the most profound things we discover, or they're a hint that there's a fallacy somewhere.
the ambiguity is a feature, not a bug, in terms of poetic and spiritual effect.
2
Pawn Dev · 49w
The utility value of bitcoin could also be described in broader terms. The transfer of information in a descentralized, permissionless and secure way. This would mitigate the redundancy. Technicaly speaking, "being superior money" derives from this characteristic that is more fundamental.