BitcoinBelle on Nostr: No, it is you who not understand. Monetary policy is the binding authority of a ...
No, it is you who not understand. Monetary policy is the binding authority of a nation state as it pertains to the control and supply of money, exchange, and commerce. Bitcoin undermines that with frictionless, cross border, 3rd party trustless transactions. The facts that it has a fixed supply, is deflationary, and is fungible all point to intrinsic value as money, not that it has the blessing of a nation.
Published at
2024-05-05 16:48:16Event JSON
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"content": "No, it is you who not understand. Monetary policy is the binding authority of a nation state as it pertains to the control and supply of money, exchange, and commerce. Bitcoin undermines that with frictionless, cross border, 3rd party trustless transactions. The facts that it has a fixed supply, is deflationary, and is fungible all point to intrinsic value as money, not that it has the blessing of a nation. \n",
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