Money is defined as (1) a store of value, (2) a medium of exchange, and (3) a unit of account.
Bitcoin is still in its infancy phase tackling problem (1). (2) Will come once enough people value it to accept it as money, which hasn't happened yet. (3) is further still.
You claim we should buy goods and services because otherwise our hard-spent time will disappear.
I claim this is not the natural order of things, only what inflationists want you to believe to justify what is a unilateral tax and re-distribution of wealth (similar to the dilution that occurs in fund-raising). In a free market, we should buy these things because we need them and want them enough to exchange our hard-earned money for them, not because of the fear that our previous work/stored energy is slipping away.
The things you wouldn't buy would be things you wouldn't need. Perhaps we can return to a state where we don't spend money we don't have on status symbols and asset-hoarding. That, plus funding wars, are among the results of putting money supply in government hands. Bitcoin actually provides a way out of this mess.
> BTC is not "infinitely divisible."
If it were to become significantly more valuable, sub-Satoshi denominations will be added.
Bitcoin is still in its infancy phase tackling problem (1). (2) Will come once enough people value it to accept it as money, which hasn't happened yet. (3) is further still.
You claim we should buy goods and services because otherwise our hard-spent time will disappear.
I claim this is not the natural order of things, only what inflationists want you to believe to justify what is a unilateral tax and re-distribution of wealth (similar to the dilution that occurs in fund-raising). In a free market, we should buy these things because we need them and want them enough to exchange our hard-earned money for them, not because of the fear that our previous work/stored energy is slipping away.
The things you wouldn't buy would be things you wouldn't need. Perhaps we can return to a state where we don't spend money we don't have on status symbols and asset-hoarding. That, plus funding wars, are among the results of putting money supply in government hands. Bitcoin actually provides a way out of this mess.
> BTC is not "infinitely divisible."
If it were to become significantly more valuable, sub-Satoshi denominations will be added.