bitnorm on Nostr: “This [is] the fiat standard protocol installation, and the whole world copied it: ...
“This [is] the fiat standard protocol installation, and the whole world copied it: run unsustainable deficits, default by confiscating and restricting the movement of gold, suspend redemption, increase the supply of paper notes, and if you can, try to get other countries to hold your currency as reserve. The US did it best.”
- Saifedean Ammous
Published at
2023-03-24 18:29:55Event JSON
{
"id": "36bb6b8997e98ad07c4f56a5c28bec8cac666183c60c4a565aa074b2e8b65947",
"pubkey": "7bce9111388ccd74afcb75fc4f54b08b8c9f798b107b43dedbd5b04a356a0efe",
"created_at": 1679682595,
"kind": 1,
"tags": [],
"content": "“This [is] the fiat standard protocol installation, and the whole world copied it: run unsustainable deficits, default by confiscating and restricting the movement of gold, suspend redemption, increase the supply of paper notes, and if you can, try to get other countries to hold your currency as reserve. The US did it best.”\n\n- Saifedean Ammous",
"sig": "8e966ce0ac568623261a99a0721c04b32379814d40ed41d49cde58fc646f5ce169602a17568f8c135a6958892bf254dafac140e35237891b204879f4ce37058c"
}
