tw_bitcoin on Nostr: If you look at history, money was always scarce: Sea Shells (Cowry), Rocks (Ray), ...
If you look at history, money was always scarce: Sea Shells (Cowry), Rocks (Ray), Gold, Cigarettes (Prison).
Every time they lost their scarcity or their superiority, they also lost their quality as money.
#Bitcoin isn’t the crazy experiment here, fiat money is.
-
CarlBMenger (npub10wv…v22x)#BitcoinTwitter
Published at
2024-11-04 12:00:10Event JSON
{
"id": "8d7050c31e2f0cb8954ea08f4c147b41844b3f209215eea719121c9cc9b2d10f",
"pubkey": "fbeb2be7271a14196a8426e78ee4c747706be2424392b036f5fabe44331f55e3",
"created_at": 1730721610,
"kind": 1,
"tags": [
[
"p",
"7b991f776d04d87cb5d4259688187a520f6afc16b2b9ad26dac6b8ee76c2840d"
]
],
"content": "If you look at history, money was always scarce: Sea Shells (Cowry), Rocks (Ray), Gold, Cigarettes (Prison). \n\nEvery time they lost their scarcity or their superiority, they also lost their quality as money.\n\n#Bitcoin isn’t the crazy experiment here, fiat money is.\n - nostr:npub10wv37amdqnv8edw5yktgsxr62g8k4lqkk2u66fk6c6uwuakzssxsf4v22x\n\n#BitcoinTwitter\nhttps://bitcointwitter.web.app/images/v3/452.png",
"sig": "690df187cb382c78b68aa1b32cc9a831ec9e0357447743c7a77e7c97c8a0c0e76adb146693cc4d3bb6ee672b47b10d954cb5d11b5735da9fb01d5292647448c6"
}
