What is Nostr?
AviBurra / Avi Burra
npub1hqa…t56s
2025-02-09 17:06:36
in reply to nevent1q…4gnx

AviBurra on Nostr: Gresham’s Law: bad money drives out good when people are forced to accept both. ...

Gresham’s Law: bad money drives out good when people are forced to accept both. They hoard the good (scarce, stable) and spend the bad (inflated, manipulated).

Thiers’ Law: good money drives out bad when choice is free. The stronger currency - scarce, incorruptible - naturally prevails.
One thrives on coercion, the other on freedom. Money reflects trust - the better choice always endures.
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