Why Nostr? What is Njump?
2025-05-17 11:47:53
in reply to

OceanSlim on Nostr: I never said it did? It's not that the law says to price things in fiat, obviously. ...

I never said it did? It's not that the law says to price things in fiat, obviously. It's to say that the population will obviously all have fiat of the government that business is in, so logistically it makes sense to price your good in the currency you know everyone has to have to pay their debts in the eyes of the government. Pricing goods in local fiat will be the obvious choice for any merchant until it becomes worth nothing one day.
Author Public Key
npub1zmc6qyqdfnllhnzzxr5wpepfpnzcf8q6m3jdveflmgruqvd3qa9sjv7f60