Max Hillebrand on Nostr: It's funny cause it's true. The amount of capital transfer is related to the face ...
It's funny cause it's true.
The amount of capital transfer is related to the face value of the money unit minus cost of production of the money unit.
It actually is making a loss for the central bank to issue 0.01$ coins, because it costs 0.05$ to create.
But a 100$ bill only costs 0.01$ to create, and thus the seignoarage is extremely profitable.
The real agenda,
Published at
2024-04-05 06:43:51Event JSON
{
"id": "b49872aad509c934ff540399a37cde7248ebaf29f6265ac48859655298df1c1a",
"pubkey": "b7ed68b062de6b4a12e51fd5285c1e1e0ed0e5128cda93ab11b4150b55ed32fc",
"created_at": 1712299431,
"kind": 1,
"tags": [
[
"e",
"698fe8808a99ede33ad39faacb58f297674436db45091f56c2d0a2beb5205ea3",
"",
"mention"
],
[
"p",
"94a674a8037e314f6b0f06f3e8fae8bbda7947841f103cdee4654772b5c48d88",
"",
"mention"
],
[
"q",
"698fe8808a99ede33ad39faacb58f297674436db45091f56c2d0a2beb5205ea3"
],
[
"zap",
"94a674a8037e314f6b0f06f3e8fae8bbda7947841f103cdee4654772b5c48d88",
"wss://relay.nostr.bg",
"0.8999999761581421"
],
[
"zap",
"b7ed68b062de6b4a12e51fd5285c1e1e0ed0e5128cda93ab11b4150b55ed32fc",
"wss://nostr-pub.wellorder.net",
"0.10000002384185791"
]
],
"content": "It's funny cause it's true. \n\nThe amount of capital transfer is related to the face value of the money unit minus cost of production of the money unit.\n\nIt actually is making a loss for the central bank to issue 0.01$ coins, because it costs 0.05$ to create. \n\nBut a 100$ bill only costs 0.01$ to create, and thus the seignoarage is extremely profitable.\n\nnostr:nevent1qqsxnrlgsz9fnm0r8tfel2kttrefwe6yxmd52zgl2mpdpg47k5s9agcpz3mhxue69uhhyetvv9ujumn0wd68ytnzvupzp99xwj5qxl33fa4s7phnaraw3w7609rcg8cs8n0wge28w26ufrvgqvzqqqqqqyxzhavt",
"sig": "fe233145e15cd859de408b8f350a620fb998293192098cbe95d0747ff8e6cb7cb3ea697da9eb767b662f12095c572b3727ce2ab433e4e046b82dfe43ec8529a8"
}