I love the post, and agree with the overall initiative as we need to drive the value and use of $BANK internally and in relationship to other tokens, DAO’s and platforms.
For that it has to be useful to us AND others.
So we need an internal economy(tip bot, bounties… interpersonal trade?) and on ramps for others to obtain and use $BANK, not just as a speculative investment.
My thoughts:
I think $BANK is money and also a store of value, as it has a valuation, both represented in terms of the amount people are willing to pay others for work done, and in relationship to other denominations (ETH, USD).
I think that this economic function is not inherent to ANY money, but something assigned to it socially. $BANK has had it assigned to by nature of being an ERC-20 token which is accepted and valued socially.
My perspective is that the economic function of storing value, is a relational function that is largely socially defined and in relationship to supply and demand. This is still quantifiable(best example is how much $BANK you can buy for $ETH), although not exact as disparities happen between those that value $BANK more or less.
I think we need to think about the DAO as a sovereign digital nation, with our own denomination that we need to use, as well as a startup company seeking to increase revenue(both on chain and off).
Economic post incoming.