Neopatriarch⚡ (npub1flm…rg9q) matata (npub1rq9…2r93) this discussion is awesome!
Funny how the world works. I just finished a podcast that broke this exact discussion down into detail.
The fact that money (Fiat) is a creation of the state to wield power/control and the “faith” we have in it is all that is backing it.
As for the market/s they are absolutely a manifestation of the necessity to exchange energy/value between populace. We have used many things as money (sea shells, glass beads, sharks teeth) and they had value because we agreed they did. That agreement gives us the “faith” in said “monetary system”.
LiberTree
npub1sw…x86ta
2023-07-21 23:40:45
in reply to nevent1q…6lxv
Author Public Key
npub1swgad42akj9ythe0gnmpf8ztqdlx2nch2sz0xw962nme3ntfle5qyx86taPublished at
2023-07-21 23:40:45Event JSON
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"content": "nostr:npub1flm9yc3vhc3dj036pn3ysl5xwd4f5gyhyjnn9rzehs5mqe9y9ynq6qrg9q nostr:npub1rq9x6sk86e8ccw2cm8gsm4dyz9l24t823elespupaxjnzdk026fsca2r93 this discussion is awesome! \n\nFunny how the world works. I just finished a podcast that broke this exact discussion down into detail. \n\nThe fact that money (Fiat) is a creation of the state to wield power/control and the “faith” we have in it is all that is backing it. \n\nAs for the market/s they are absolutely a manifestation of the necessity to exchange energy/value between populace. We have used many things as money (sea shells, glass beads, sharks teeth) and they had value because we agreed they did. That agreement gives us the “faith” in said “monetary system”.",
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