He's a complete moron. All currencies - of which Bitcoin is one - are Keynesian in nature. Currencies are garbage, confidence game scams based on artificial scarcity. They start at a value of zero, are rigged above zero in some manner either by governments or some other market manipulation but are still just as worthless as their first day of creation, then always eventually return back to zero once the confidence game implodes. This is why actual money, as opposed to currency, is required to be a physical commodity resource, because those aren't confidence game scams.
You are the moron. Bitcoin is not only the first truly finite currency, it is actually the only truly finite commodity a human can own other than time.
That was the dumbest lie from desperate pump and dump scammers I've ever read on this entire forum. "The only truly finite commodity" in the universe! It doesn't even qualify as a commodity in the first place, but it's the only finite one! Great joke!
As per the definition of Bitcoin from more well-known cryptoscammers such as Antonopolous, in his own words "Bitcoins don't exist". Yes, that's a direct quote. He claims it's a network and the 'coins', which don't exist don't even matter; that if they die or become outlawed, somehow people will bootstrap another 'coin' on the same "network". So back to the original point, what the fuck is this "commodity" that you speak of? The coins aren't a commodity because they don't exist. All that exists are temporary, meaningless, valueless timestamps that can even be overwritten. No commodity exists to speak of involving Bitcoin.
I am only replying to you because the concepts are important to people who ARE able to understand why Bitcoin is an invention about as novel as we will see in our lifetimes. I do not care whether you agree or disagree with me because you are a disaster.
First of all I should have said that bitcoin is the only truly MEANINGFUL finite commodity in the universe a human can own. I suppose I tripped up your autism a little making a bit of a hyperbolic statement with some assumption that I would not have to explain the finer points. I think most people get it. Certainly there are a finite number of hydrogen atoms (and gold for that matter) but one of the things that makes bitcoin unique is WE KNOW exactly how much there is, and how much there ever will be. That makes it particularly unique and potentially extremely valuable.
And your assertion that it is not a commodity. I understand your confusion here since it is entirely conceptual. And conceiving something is beyond your ability.
Nakamoto discovered a way we can PROVE that a single person has ownership over an abstract concept.
I get why that short circuits the pickled turd that you use as a brain.
It is certainly a new idea in that it is a commodity that can be owned, claimed, and traded without taking up any space, without having weight, and being transmittable worldwide at the speed of light.
Again I understand why this is unacceptable in your curdled, boxed in worldview, especially in light that you know deep down that you have rejected what will end up becoming the biggest revolution of this century by far, dwarfing even the technology that enabled it to exist (the Internet).
It is good for those of us who can actually see what Bitcoin is because there are enough people like you that it has not COMPLETELY exploded in anticipation of the value that is all but inevitable for it.
I cannot keep talking to you, because it hurts my soul, and I apologize to the WOs for getting tricked by this weasel. Hopefully the concepts have some value.