Lysander Spooner on Nostr: The utility of a banana doesn't double when you cut it in half. The utility of a ...
The utility of a banana doesn't double when you cut it in half. The utility of a digital medium of exchange does. The quantity of units of exchange (sats) is 14X LESS scarce than the quantity of units of exchange (cents) in the Federal Reserve system.
In fact, the Fed can print at their avg historical rate for another 1,480 years before sats are any scarcer than cents. So much for chasing units of exchange!
Published at
2023-04-26 11:28:44Event JSON
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