What is Nostr?
Laeserin
npub1m4n…c2jl
2024-07-10 15:18:38
in reply to nevent1q…73v9

Laeserin on Nostr: I'm positing that machine-enforced Final Settlement forces all actors to account for ...

I'm positing that machine-enforced Final Settlement forces all actors to account for the cost of a transaction *on the spot*, rather than allowing the deferred or indirect clearance of debts to cloud our judgment, allow for claw-backs, feed our greed, socialize our costs, or skew price signals.

It is a true ledger with a fair history, an impartial accountant, and immediate clearance. I think that makes it a better money. Not just better, in the sense of being "more efficient", but better in the sense of being Good.
Author Public Key
npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl