... to derive value in the market, a phenomenon known as "shared subjectivity" which blurs the line between subjectivity and objectivity arises, whereby money derives a "shared subjective value" price from market participants who come to pricing agreements in trading based on the performance of various functions and intrinsic properties of the monetary good
.... these functions and properties that are usually ascribed to monetary goods that perform well in the shared subjective value stakes of monetary markets are well-known and described by over a century by classical monetary economists
According to Desjardins,[28] "many economists and experts in the field agree" that the functions of money are that it is a medium of exchange, a unit of account, and a store of value. To fulfill these various functions, he states that money must be:[28]
Fungible: its individual units must be capable of mutual substitution (i.e., interchangeability).
Durable: able to withstand repeated use.
Divisibile: divisible to small units.
Portable: easily carried and transported.
Acceptable: everyone must accept the money as payment
Uniform: all units of the same denomination have the same value
Limited in supply: its supply in circulation must be limited.[28]
https://en.m.wikipedia.org/wiki/Money... none of this is controversial, learn what money is, how it works and you will be good with money, like any other complex tool that aids in your survival. You shouldn't drive a car or shoot a firearm without learning how it works.
According to this definition ANY money is not "MONEY".
Fungible: its individual units must be capable of mutual substitution (i.e., interchangeability) -
does not work if you have the same 'money', but happens to be in a 'wrong" jurisdiction. Durable: able to withstand repeated use-
irrelevant because of point #1 Divisibile: divisible to small units.-
irrelevant because of point #1 Portable: easily carried and transported.-
irrelevant because of point #1; in addition, you might not be able to transport anything aka being stuck Acceptable: everyone must accept the money as payment.-
definetly completely impossible as NOBODY is currently accepting a particular form of money for payment. You might not be able to pay with cash in some places, credit card in other, bitcoin in third, etc, etc.. bitcoin is not accepted everywhere, you cannot pay in almost any store with a gold bar or a heap of silver. Uniform: all units of the same denomination have the same value-
almost within reach right now, but with some caveats that could be enforced to become insurmountable in the future (as far as bitcoin is concerned) Limited in supply: its supply in circulation must be limited.-
important, but not relevant in the case of restrictions on use.