paulxnjoroge on Nostr: "no other currency serves as a valid economic standard because it lacks the crucial ...
"no other currency serves as a valid economic standard because it lacks the crucial criterion: a fixed boundary. Moreover, since money is handed over in exchange for a service, it embodies a claim on the entire market, which is distorted if the total money supply is increased.
Bitcoin was the solution to a standardization problem."
https://dematerialize.blog/bitcoin-is-the-economic-measuring-stickPublished at
2024-07-01 11:57:56Event JSON
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"content": "\"no other currency serves as a valid economic standard because it lacks the crucial criterion: a fixed boundary. Moreover, since money is handed over in exchange for a service, it embodies a claim on the entire market, which is distorted if the total money supply is increased.\n\nBitcoin was the solution to a standardization problem.\"\n\nhttps://dematerialize.blog/bitcoin-is-the-economic-measuring-stick",
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