Honey ₿adger ⚡ on Nostr: Money does not have to be backed by anything. Money is just a commodity that is very ...
Money does not have to be backed by anything. Money is just a commodity that is very suitable for the exchange of goods.
Currency has to be backed by something of value, otherwise it is just imposed on people by power and not trustworthy in the long run.
Bitcoin is money.
Published at
2023-02-14 23:59:59Event JSON
{
"id": "2118d0667b080addef1c2d57f1c99b979c88c2141efdda85957e309bc070a308",
"pubkey": "e5ad74b1d9971ddf112124dde63dcd31d7ae784c1e955ef813d357ad57c5d6b1",
"created_at": 1676419199,
"kind": 1,
"tags": [],
"content": "Money does not have to be backed by anything. Money is just a commodity that is very suitable for the exchange of goods.\n\nCurrency has to be backed by something of value, otherwise it is just imposed on people by power and not trustworthy in the long run.\n\nBitcoin is money.",
"sig": "5b5e588a73a8d79bda6591b1f79a7773e4f338145c6a5cd0ec28a9587ca1b5553dcd26ccb2ac059c347ea9fa2ccce4c4cdc1b062826ce5dca9ab2c6349682b16"
}
