Honey ₿adger ⚡ on Nostr: Bitcoin is to money what Kopernikus was to our world view 🌍 (removing the world ...
Bitcoin is to money what Kopernikus was to our world view 🌍 (removing the world from the center of the universe).
Through Bitcoin, money will again revolve around the economy and no longer the economy around money (politics).
Before money was politicized, money was only ever there for the purpose of making the economy more efficient (through e.g. division of labor) and also to transfer monetary values through time and space. But nowadays money (politics) more than ever is there to "guide" the economy for "the greater good".
"And i have come to the position of asking, has monetary policy ever done any good? I don't think it has. I think it has done only harm. That's why I'm now pleading for what I've called "Denationalization of Money".
- F. A. Hayek
Through Bitcoin, money will again revolve around the economy and no longer the economy around money (politics).
Before money was politicized, money was only ever there for the purpose of making the economy more efficient (through e.g. division of labor) and also to transfer monetary values through time and space. But nowadays money (politics) more than ever is there to "guide" the economy for "the greater good".
"And i have come to the position of asking, has monetary policy ever done any good? I don't think it has. I think it has done only harm. That's why I'm now pleading for what I've called "Denationalization of Money".
- F. A. Hayek