Kanzan on Nostr: A fiat Unit of Account means that accurate pricing is impossible. tell me that the ...
A fiat Unit of Account means that accurate pricing is impossible.
tell me that the price of Nvidia stock is due to strong fundamentals and not fiat bullshit.
same thing with #Bitcoin.
the point is the Cantillionaire effect and resulting uneven distribution.
which is why a fiat measuring stick tilts the measurement towards investment, VC and speculation.
its not a free market measuring stick and we need to be clear about what is being measured.
Published at
2025-03-04 01:03:46Event JSON
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