I understand and agree with the point that we should encourage people spending day to day.
But the leg analogy is off though.
Philosophically, money has 3 formal properties: MoE, SoV, UoA - MoE being its essence.
Anything people exchange, is money, the act of exchanging it brings money into being, and all three formal properties are there necessarily.
it makes no sense to say a money could be missing a leg.
It would be like saying a person doesn’t have a height or width, just because they are short or skinny.
We can compare material characteristics to say this money is better than that money.
Formal properties are on/off
material characteristics admit of more or less.
hylomorphic / Neal
npub18z…zlyv6
2025-04-10 15:02:37
in reply to nevent1q…c6j4
Author Public Key
npub18zsu6xlfpwdgnrfyzhwpq80ssu83tdew5g7dkzkl4tavsrgzl5yslzlyv6Published at
2025-04-10 15:02:37Event JSON
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"content": "I understand and agree with the point that we should encourage people spending day to day. \n\nBut the leg analogy is off though. \nPhilosophically, money has 3 formal properties: MoE, SoV, UoA - MoE being its essence.\n\nAnything people exchange, is money, the act of exchanging it brings money into being, and all three formal properties are there necessarily.\n\nit makes no sense to say a money could be missing a leg.\n\nIt would be like saying a person doesn’t have a height or width, just because they are short or skinny.\n\nWe can compare material characteristics to say this money is better than that money.\n\nFormal properties are on/off\nmaterial characteristics admit of more or less.",
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