>Time is the only thing we will never be able to make more of. It is The Ultimate Resource, as Julian Simon points out. This makes Bitcoin the ultimate form of money because its issuance is directly linked to the ultimate resource of our universe: time.
All things equal, BTC has a limited supply, making it unusable as a currency (but great as a deflationary store of value). I suppose the definition of "money" is less specific than "currency," but this notion of "money" goes contrary to the nomenclature of the human realm. Yes, technically anything that is tradable is "money," but then the term becomes rather meaningless.
Money must be backed by a creative asset, such as an orchard or labor or technology. Time alone a currency does not make.
All things equal, BTC has a limited supply, making it unusable as a currency (but great as a deflationary store of value). I suppose the definition of "money" is less specific than "currency," but this notion of "money" goes contrary to the nomenclature of the human realm. Yes, technically anything that is tradable is "money," but then the term becomes rather meaningless.
Money must be backed by a creative asset, such as an orchard or labor or technology. Time alone a currency does not make.