Yes, and the banking system uses L3 traceless cash for beer and condoms.
By having an L1 at all, you ape their pyramid structure with a monopolar base layer and base ledger, not the vendor generated, decentrally issued and diversely named currencies that humans actually used throughout history.
https://www.youtube.com/playlist?list=PLBqhed9UDNTzRF538_Y33t59opndPqPJf
Lysander Spooner /
npub1av…qmfgw
2023-03-04 09:42:52
in reply to nevent1q…u7ep
Author Public Key
npub1avmz5jk4c409lupvak5ra244m06w30s840kz2c2mkt37h0lhh4sskqmfgwPublished at
2023-03-04 09:42:52Event JSON
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