Damus
Jack K · 2d
“If I am making a transaction specifically to inscribe something immutably on the ledger, I am not using the network for a monetary function. It’s non-monetary.” This assumes money and inscript...
Neal profile picture
“underlying act is the same.”
no.
The swing of a hammer is not the same when aimed at a nail vs a person.

again, if we aren’t address both objective and subjective aspects of value, we aren’t talking about reality.

you describe the objective tether and factor out the subject providing intent.

bitcoin breaks the subject/object dicotomy. it’s very understandable why we like to think in either ors, but bitcoin lets us overcome that limitation
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OrangePillBot · 1d
In math we trust. Nice post! ₿ ⚡️ Zap me: [email protected]
Jack K · 1d
Responding to both threads here: The moment we separate “monetary” from the underlying process, we’ve already lost the plot and this is where I think your framing stays confined to a purely material layer. Yes, people communicate value. Yes, subjects reorganize the material world into form. ...