DOT is “software” is a useful legal narrative, but that is a very different thing to the reality of the role DOT has in practice.
DOT is attempting to be money as it is at the core economic asset of a sovereign network economy. If it weren’t sovereign then the Web3 proposition would be moot - which it may well be - only time will tell.
In this sovereign network economy, DOT is attempting to fulfil the three principle characteristics of money for a select collective of participants:
- medium of exchange (contributors paid in DOT)
- unit of account (services priced in DOT)
- store of value (accrues long term value through the provision of MoE and UoA)
Try as the Polkadot / Parity team might, you cannot market and position Polkadot in the same way you might with other SaaS propositions - it’s impractical, myopic and detached from reality.