Brisket on Nostr: Bitcoin is money & as a people, we've forgotten what money is. Bitcoin helps us to ...
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.
Published at
2024-09-04 23:15:52Event JSON
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"content": "Bitcoin is money \u0026 as a people, we've forgotten what money is. \n\nBitcoin 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. \n\nIt 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 \u0026 no way to communicate our preferences.\n\nOnce you figure that out, you realise that this Bitcoin stuff is kind of a big deal.\n\n",
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