₿itcoin ₿ombadil on Nostr: “Grain was designated as a unit of account to calculate values and co-measure labor ...
“Grain was designated as a unit of account to calculate values and co-measure labor time and land yields for resource allocation.”
“When information piles up and is not synthesized, it becomes useless: a good bureaucrat needs to be able to compress data.”
-Temples of Enterprise, Michael Hudson
Ancient Temples and Palaces understood the importance of data compression and common denominators to facilitate exchange.
#Bitcoin compresses economic information better than anything on the planet.
“When information piles up and is not synthesized, it becomes useless: a good bureaucrat needs to be able to compress data.”
-Temples of Enterprise, Michael Hudson
Ancient Temples and Palaces understood the importance of data compression and common denominators to facilitate exchange.
#Bitcoin compresses economic information better than anything on the planet.