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paulxnjoroge
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2024-07-01 11:57:56

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-stick
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