and you've completely and utterly missed the point (or twisted it your way, whichever)
not all monies are equal. It is a technological tool, some technologies are better than others, regardless of the men managing them.
Bitcoin is a modern fighter jet, the Fed. Res. US dollar is sopwith camel biplane era technology (1913).
Now we can start to talk about who missed/twisted the point ... but that is out of my intention on this forum.
I'll try to be as clear as I can can:
Money = A medium that can be exchanged for goods and services and is used as a measure of their values on the market.
Market = A public gathering held for buying and selling merchandise.
From the definition Money can't be bad ... they can only be GOOD ... it makes the exchange easy (and in some cases possible).
There is a particular case when something goes wrong ... in a Market FOR Money in that cases the definitions become:
Money = A medium that can be exchanged for Money and is used as a measure of his value on the market.
Market = A public gathering held for buying and selling Money.
But that doesn't mean the the Money are BAD ...
Money can take various forms (silver coins, gold coins, copper coins, paper, digital ... etc)
Obviously there are forms that are more adapt for transaction in a specific environment:
- I can't buy/sell goods/services with digital money in a place where electricity is not present (you will be surprised how many places in this world are where electricity is not available for daily private use;
- I can't buy a naval ship with silver coins for obvious reasons;
- It will be hard (foolish) to buy Storage space on an online server using paper money (like putting them in an envelope and sending them with Fedex)
- etc.
But, again, money are not a bad thing ... it's the form that I chosen is inappropriate for a specific context.
Of course, every day, new technologies are born and new contexts for transactions are created and that will lead to new forms of money ...
Ciao.
