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atxmj /
npub14ly…03ze
2023-02-24 22:32:55
in reply to nevent1q…xp3n

atxmj on Nostr: I've read Layered Money. As much as I respect Nik Bhatia, "it's always been done that ...

I've read Layered Money.

As much as I respect Nik Bhatia, "it's always been done that way" is not a valid reason to continue doing something (layered monetary systems).

The entire first half of Nik's book makes many strong cases *against* attempting to build a layered monetary system.

It's one of the biggest problems that's led to our utterly broken fiat system.

You can't scale technologies in layers. You can only build applications in layers.

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