MoneRogue | Justice for Hayden Panettiere on Nostr: Here's a chart for Bitcoin (and crypto in general) regarding how it fits in the ...
Here's a chart for Bitcoin (and crypto in general) regarding how it fits in the Misesian broader and narrower senses.
Bitcoin in the narrower sense:
Commodity BTC - On-chain BTC
Credit BTC - BTC loans taken
Fiat BTC - N/A (unless you count L2 blockchains like Lightning or paper wallets, let me know your thoughts)
Bitcoin in the broader sense:
BTC-substitutes:
Fiduciary media - Unbacked and irredeemable Bitcoin i.e hacked or lost BTC blockchains
BTC certificates - Backed and redeemable Bitcoin i.e L3 blockchains like Ecash or L-BTC; Paper Bitcoin might all count, not sure.
Published at
2026-09-10 03:55:04 UTCEvent JSON
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"pubkey": "ffbb1c5748f93fe48768b493b4117b6a4776de34a2ae78dfb373fe8794510560",
"created_at": 1789012504,
"kind": 1,
"tags": [
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"content": "Here's a chart for Bitcoin (and crypto in general) regarding how it fits in the Misesian broader and narrower senses.\n\nBitcoin in the narrower sense:\nCommodity BTC - On-chain BTC\nCredit BTC - BTC loans taken\nFiat BTC - N/A (unless you count L2 blockchains like Lightning or paper wallets, let me know your thoughts)\n\nBitcoin in the broader sense:\nBTC-substitutes:\nFiduciary media - Unbacked and irredeemable Bitcoin i.e hacked or lost BTC blockchains\nBTC certificates - Backed and redeemable Bitcoin i.e L3 blockchains like Ecash or L-BTC; Paper Bitcoin might all count, not sure.\nhttps://blossom.primal.net/62f38e836a60acc6c9b5bcab583bdb2446de31db02a117fc3833f2230988304a.png",
"sig": "2c471990d1b0660c988f5e04f1a990bb069584727c91431436faa55e846f51195bff5b76f8acab517eca038209edd5c262487a59e424e9cabc346834820c0eb3"
}