Max Hillebrand on Nostr: Satoshi made possible what Hayek thought impossible: "It is probably impossible for ...
Satoshi made possible what Hayek thought impossible:
"It is probably impossible for pieces of paper or other tokens of a material itself of no significant market value to come to be gradually accepted and held as money unless they represent a claim on some valuable object."
Published at
2024-10-01 18:04:11Event JSON
{
"id": "5bccb6f388ce29744d15b5b1edd39941d9b5e36b9bf0dc3fb5d2ba72a5932a1c",
"pubkey": "b7ed68b062de6b4a12e51fd5285c1e1e0ed0e5128cda93ab11b4150b55ed32fc",
"created_at": 1727805851,
"kind": 1,
"tags": [],
"content": "Satoshi made possible what Hayek thought impossible:\n\n\"It is probably impossible for pieces of paper or other tokens of a material itself of no significant market value to come to be gradually accepted and held as money unless they represent a claim on some valuable object.\" ",
"sig": "4f300fa6e8d601cf82807bacf165e168c14ce002eaa11ea7ab629f6b792b5f37cc819974df3eec1028c5888dea67284e3bacea817f6e330e5f51f1ff8b0c8053"
}