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2024-10-01 18:04:11

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."
Author Public Key
npub1klkk3vrzme455yh9rl2jshq7rc8dpegj3ndf82c3ks2sk40dxt7qulx3vt