Geist on Nostr: There rai stones of yap had no industrial case yet were a functional money until ...

There rai stones of yap had no industrial case yet were a functional money until their supply could be inflated. You can say its not real, even though it takes real work to create, but im skeptical that this matters. What about individual use case? I bought my vpn sub with bitcoin, there is no other feasable way to anonymously get a vpn subscription, thats useful to me.

Does regression really take precedence over monetary properties? With bitcoin i can send it across borders to someone ive never met, know that the transaction is secure, while preserving my privacy, and knowing that the quantities are a fraction of a fixed supply. Those qualities will never be replecated in fiat, they cant be copy/pasted to another shitcoin, and I cant see any way theyd ever be replecated in gold. Yet, none of that matters because I cant put it in a machine as a raw material, none of those other use cases matter compared to melting it down to make a computer chip?