Re:Hard Problems in Cryptocurrency: Five Years Later
by arcticbull on Sunday November 24, 2019 @08:12PM
(#21624714)
Nobody has considered gold money since the fall of Bretton-Woods. Gold is an asset class.
And yeah, if someone steals your cash or your gold, you can sue them and obtain a restorative court judgement. With your magic beans you just blame the victim and shrug suggesting they should have been more careful, aka "SFYL."
Not with cash or gold. Yet we consider them money.