Why Nostr? What is Njump?
2025-04-10 14:38:52
in reply to

bitman on Nostr: > The primary use of sound money is as a store of value defending against monetary ...

> The primary use of sound money is as a store of value defending against monetary debasement.

That’s the dumbest and most economically illiterate thing I’ve read in a while. The primary use of money is exchange. You can postpone exchange to accumulate wealth, therefore you need a store of value properties, but the end game is to spend the money for other goods, be it right now or in the future.
Author Public Key
npub1x9q89st049pnuym57ch9kqkgzcu5dmff32wduwc4g9gnc2w3nlls8hcsg7