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2023-10-05 10:53:47

Lau on Nostr: Never in the history of mankind has a fiduciary medium ever been established as a ...

Never in the history of mankind has a fiduciary medium ever been established as a currency without first being pegged to a hard money standard for a long time. They will try to wing this feature, but they will fail because confidence is the only property that is needed for this and that is just what they lack.
Lagarde on the coming CBDC for Europeans.

She might as well live on another planet as she’s got no connection to reality on this one.
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