What is Nostr?
Jay [MOVED HERE]
npub10mt…27hf
2025-03-18 18:02:43

Jay [MOVED HERE] on Nostr: Meaning, it can never "die" and return to a "natural" state of sound money, as the ...

Meaning, it can never "die" and return to a "natural" state of sound money, as the Austrian School would have you believe.

Sound money is the exception, not the rule. And it has to fight entropy to survive. It is a human institution that can and will be corrupted and destroyed by nature.

Fiat money is the natural end state of human economies.
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