What is Nostr?
Michael Snoyman
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2025-01-12 05:31:56

Michael Snoyman on Nostr: Hard money (and therefore real economics) is all based on competition: providing ...

Hard money (and therefore real economics) is all based on competition: providing value for value, with willing exchange.

Opponents of this approach believe that competition is wasteful, and that if we simply dictated (through use of force by unaccountable governments mind you) what people should do, the world would be so much better by avoiding that waste.

Never mind the fact that the track record of central planning demonstrates it never works, and that competition always makes the world a better place.
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