Baz. on Nostr: What is money? ...

What is money?

quoting nevent1q…td9s

Bitcoin is money & as a people, we've forgotten what money is.

Bitcoin helps us to remember that money is chosen by individuals rather than imposed by an authority. You can't force me as an individual to value your money.

It also turns out that money is vastly more important than most people realise. Money communicates preferences since value itself is subjective. It is this dance of moving preferences that orientates the activity of humans around the globe. Without money, we have no free markets & no way to communicate our preferences.

Once you figure that out, you realise that this Bitcoin stuff is kind of a big deal.