Cory Doctorow on Nostr: The foundation of cryptocurrency is a fairytale about the origin of money, a ...
The foundation of cryptocurrency is a fairytale about the origin of money, a mythological marketplace in which freely trading individuals who struggled to find a "confluence of needs." If you wanted to trade one third of your cow for two and a half of my chickens, how could we complete the transaction?
In the "money story" fairy tale, we spontaneously decided that we would use gold, for a bunch of nonsensical reasons that don't bear even cursory scrutiny.
8/
Published at
2024-10-12 17:04:31Event JSON
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