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2025-05-01 20:24:41

grin on Nostr: ツ 𝙎𝙘𝙝𝙚𝙡𝙡𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 Nick Szabo's concept of ...


ツ 𝙎𝙘𝙝𝙚𝙡𝙡𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮

Nick Szabo's concept of Schelling money" (named after economist Thomas Schelling) describes a monetary system in which accepted money is obtained not through regulations or contracts, but through natural agreement between people.

Grin fits into the Schelling Money framework such as;

Censorship Resistance: Grin's strong privacy features make it inherently resistant to censorship and control. This is a significant advantage in a world where governments are increasingly trying to regulate and monitor financial transactions.

Fair Launch and Decentralization: Grin's fair launch (no pre-mine, no ICO) aligns with the ethos of decentralized systems. This makes it harder for early adopters or insiders to manipulate the market or control the currency.



Neutrality: Its aim is that no single person or entity controls Grin ツ or has power in it, grass roots community driven.

https://grinpost.substack.com/p/schelling-money
Author Public Key
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