iC1 on Nostr: If we consider #money as a form of language, we can argue that it, like language, ...

If we consider #money as a form of language, we can argue that it, like language, tends to move toward a monoculture. However, for a global monetary monoculture to be resilient, it must have certain properties such as #decentralisation, #security, and #trust. In. my essay, I will explore this in more detail and how #Bitcoin, as an enforcement and verification machine is essential for maintaining resilience in a global monetary monoculture.

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In communication, a dominant language often emerges, creating a form of linguistic monoculture. Once a critical mass of users adopts a language, it becomes the standard, and switching to alternatives becomes impractical. e.g. a network effect is created
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