Yes, and without a monetary policy secured without the state, there’s no such thing as “permissionless value transfer.” That is what I mean by “it follows” and “it’s downstream.”
You cannot have those characteristics without first securing the money. This is exactly what Satoshi realized which is why when he finally solved digital cash, he first had to figure out how to invent money without the state.
What you bring up follows from exactly what I am saying.
TheGuySwann / Guy Swann
npub1h8…6rpev
2024-05-05 16:35:05
in reply to nevent1q…prf4
Author Public Key
npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpevPublished at
2024-05-05 16:35:05Event JSON
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"content": "Yes, and without a monetary policy secured without the state, there’s no such thing as “permissionless value transfer.” That is what I mean by “it follows” and “it’s downstream.”\n\nYou cannot have those characteristics without first securing the money. This is exactly what Satoshi realized which is why when he finally solved digital cash, he first had to figure out how to invent money without the state.\n\nWhat you bring up follows from exactly what I am saying.",
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