₿itcoin ₿ombadil on Nostr: “Silver acted as the main monetary measure, against which barley, copper, and other ...
“Silver acted as the main monetary measure, against which barley, copper, and other basic commodities were valued in a grid with fixed price ratios for payments.”
-Temples of Enterprise, Michael Hudson
I suspect #Bitcoin could benefit from commodity price grids too.
Published at
2024-06-27 00:05:15Event JSON
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"content": "“Silver acted as the main monetary measure, against which barley, copper, and other basic commodities were valued in a grid with fixed price ratios for payments.”\n\n-Temples of Enterprise, Michael Hudson\n\nI suspect #Bitcoin could benefit from commodity price grids too.",
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