A medium of exchange is any good acquired to facilitate future exchanges, regardless of when those exchanges occur. The time delay between Bitcoin exchanges doesn't change its essential nature - it simply reflects how people subjectively value and choose to use it.

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@Knut Svanholm ∞/21M Has really been pushing this idea into my head that everything is always just medium of exchange and that store value doesn't exist because how can you store something that is subjective and I really like this framing for trying to understand what's actually occurring because when you are accepting a good you are inevitably hoping to exchange that good at a later date for a perceived value you don't know what that value actually is and it actually doesn't become materialized until it's actually realized with an actual trade in the future.
What is he even on about in that thread? He compared Bitcoiners to MMTers. And your/Parker’s point is exactly right. If I go swap dollarydoos for Thai Baht before I go on holiday, is the Baht not a MoE? And so what if I do it the day before I fly or a year?
Looks like we’re going to be relying on you @Michael Matulef and @JB to respond to Per’s upcoming Mises.org article. Please diarrhoea in his cornflakes. I’m available to make any response as thorough and shitty as possible given I instigated this. Somehow I doubt Mises.org will let me respond direct but let’s see what their incumbents have to say.
lol yes it is 😂 Let me give you my rationale; Fuck anyone who understands money and doesn’t properly understand Bitcoin. They’re a hinderance to global prosperity at this point. I have complete disdain for “Silverbacks” for this reason. They get the money side and then pick the most retarded solution to the problem - they can all get fucked. Per understands the problem but instead of being a silverback, he won’t admit #Bitcoin is money. Everything other than BTC is. He can’t say why. He can’t say why not BTC. He’s being retarded and we should just accept thay because of his papers. He’s been humiliated a few times in that thread purely because he won’t give up his own ideas. I’m tired of him, but fuck him. He deserves to deal with reality instead of hiding behind 100 year old Mises papers.
So we are going to trade one bunch of wankers demanding we use this one thing to trade for another wanker who demands we use this one thing to trade... 😂 GFY I'll use whatever whenever. 🤣
So what's the new word for heretic today? 😂 Heretic has been claimed, denier has been claimed by the climate cult so can't have that one. 😂