Max Hillebrand on Nostr: Satoshi made possible what Hayek thought impossible: "It is probably impossible for ...
Satoshi made possible what Hayek thought impossible:
"It is probably impossible for pieces of paper or other tokens of a material itself of no significant market value to come to be gradually accepted and held as money unless they represent a claim on some valuable object."
"It is probably impossible for pieces of paper or other tokens of a material itself of no significant market value to come to be gradually accepted and held as money unless they represent a claim on some valuable object."