SaberhagenTheNameless on Nostr: According to the Austrians (Menger, Mises, Rothbard, etc) the primary function of ...
According to the Austrians (Menger, Mises, Rothbard, etc) the primary function of money is MoE. SoV is contingent upon that.
Yes I agree with the last part, but that is separate from the value prop of Bitcoin
i.e. You can hold your Bitcoin with custodians or make permissioned transactions with it. You don't benefit from the core properties of Bitcoin in either case.
Published at
2025-05-05 18:17:57Event JSON
{
"id": "c2c8b0657595112161bf905bd3d81ae4d106b2572cba4b284f271bbcbe697c35",
"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1746469077,
"kind": 1,
"tags": [
[
"e",
"0720d07feb8a542580042d8f08785382db7de3808b4dcd00be11c1e042667b32",
"ws://81.68.170.122:7114/",
"root",
"7d0f45e1179d5f7c47001684c7d20e8c38f82ee6fdb2104609c5c61ebf9dbbc8"
],
[
"e",
"7eadbeaa7ff88355bb1085bbdadb313b0d6d86695cdcc81148163dfba6e61abd",
"wss://relay.damus.io/",
"reply",
"7d0f45e1179d5f7c47001684c7d20e8c38f82ee6fdb2104609c5c61ebf9dbbc8"
],
[
"p",
"7d0f45e1179d5f7c47001684c7d20e8c38f82ee6fdb2104609c5c61ebf9dbbc8"
]
],
"content": "According to the Austrians (Menger, Mises, Rothbard, etc) the primary function of money is MoE. SoV is contingent upon that.\n\nYes I agree with the last part, but that is separate from the value prop of Bitcoin \ni.e. You can hold your Bitcoin with custodians or make permissioned transactions with it. You don't benefit from the core properties of Bitcoin in either case.\nhttps://image.nostr.build/3d7a8b836098ef9b09f31bf7510fe0ca0fa8859b5f8b263dceeb42dfb2a497c8.jpg\nhttps://image.nostr.build/ccf181ed168942446d16535fa01942fcb9f471b7b689c9d9f8d12839df0b629c.jpg\nhttps://image.nostr.build/18459d728b1bbad4099cbb2f4980c06c22d12274dd46812fa098daf0fa16cca0.jpg\nhttps://image.nostr.build/0f0150dfab9b18705528d59b928e44fada6843c483f95cb5f4717ffb91140f85.jpg\n",
"sig": "d8f5d30bd164f63e3b65f4a7cd0d4b80f4baa7d2b2ef8fedd39a51fbd3e9e9cab24628b7c98be32518930cdada2ba759891b8d2a4d2bf01e9068f280aa0f1db8"
}