Why Nostr? What is Njump?
2024-04-23 12:21:03

Quotable Satoshi on Nostr: To Sepp's question, indeed there is nobody to act as central bank or federal reserve ...

To Sepp's question, indeed there is nobody to act as central bank or federal reserve to adjust the money supply as the population of users grows. That would have required a trusted party to determine the value, because I don't know a way for software to know the real world value of things.
Author Public Key
npub1satsv3728d65nenvkmzthrge0aduj8088dvwkxk70rydm407cl4s87sfhu