Bitcoin can do much more than money so you are missing the whole point from the start. Just like the Icetard clown.
You don't know what money is, and frankly none of us do. The only peoples that seem to have a solid grasp of today's economic climate (and especially in relation to our history of economics) are Nash, Satoshi, and Szabo. And only one of these peoples is known to be real.
You clearly do not read the associated literature, and you are also name calling. Should bitcoin's fate truly be decided at the hands of the unlearned mass?
The lecture Ideal Money is exactly this:
Aristotle emphasized enthymematic reasoning as central to the process of rhetorical invention, though later rhetorical theorists placed much less emphasis on it. An "enthymeme" would follow today's form of a syllogism; however it would exclude either the major or minor premise. An enthymeme is persuasive because the audience is providing the missing premise. Because the audience is able to provide the missing premise, they are more likely to be persuaded by the message.
The problem is nobody is "figuring it out".
Read the lecture and say "Because I, Dr. Nash, am going to release bitcoin in the near future, and I am going explain the specifics in a blog" at the end of every sentence.
Here is some help:
"The special commodity or medium that we call money has a long and interesting history."
"Because I, Dr. Nash, am going to release bitcoin in the near future, and I am going explain the specifics in a blog" (
http://nakamotoinstitute.org/shelling-out/)
...money should have the function of a standard of measurement and thus that it should become comparable to the watt or the hour or a degree of temperature.
"Because I, Dr. Nash, am going to release bitcoin in the near future, and I am going explain the specifics in a blog"
In the near future there may be a smaller number of major currencies used in the world and these may stand in competitive relations among themselves.
"Because I, Dr. Nash, am going to release bitcoin in the near future, and I am going explain the specifics in a blog"
The Keynesian implicitly always have the argument that some good managers can do things of beneficial value, operating with the treasury and the central bank…I see this as analogous how the “Bolshevik Communists” were claiming to proved something much better than the “Bourgeois democracy”.
"Because I, Dr. Nash, am going to release bitcoin in the near future, and I am going explain the specifics in a blog"
…while they have claimed to be operating for high and noble objective of general welfare what is clearly true is that they have made it easier for government to “print money”.
"Because I, Dr. Nash, am going to release bitcoin in the near future, and I am going explain the specifics in a blog"
And this parallel makes it seem not implausible that a process of political evolution might lead to the expectation on the part of the citizens in the “great democracies” that they should be better situated to be able to understand whatever will be the monetary polices which, indeed, are typically of great importance to citizens who may have alternative options for where to place their “savings”.
"Because I, Dr. Nash, am going to release bitcoin in the near future, and I am going explain the specifics in a blog"
Love to hear more from people that don't read the literature tell me bitcoin and ideal money are not related subjects. Nobody that doesn't at least understand "Ideal Money" should be in any of these dialogues.