Bitcoin Sikho on Nostr: The truth is that the notions of “cheap” and “expensive” are essentially ...
The truth is that the notions of “cheap” and “expensive” are essentially meaningless in reference to monetary goods. The price of a monetary good is not a reflection of its cash flow or how useful it is but, rather, is a measure of how widely adopted it has become for the various roles of money.
-Vijay Boyapati
Published at
2025-01-24 16:56:30Event JSON
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"content": "The truth is that the notions of “cheap” and “expensive” are essentially meaningless in reference to monetary goods. The price of a monetary good is not a reflection of its cash flow or how useful it is but, rather, is a measure of how widely adopted it has become for the various roles of money.\n\n-Vijay Boyapati",
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