by Summary:
The essence of money!
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
The essence of money!
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
Robert Vienneau writes Austrian Capital Theory And Triple-Switching In The Corn-Tractor Model
Mike Norman writes The Accursed Tariffs — NeilW
Mike Norman writes IRS has agreed to share migrants’ tax information with ICE
Mike Norman writes Trump’s “Liberation Day”: Another PR Gag, or Global Reorientation Turning Point? — Simplicius
| The essence of money! |
This was such a funny video, I couldn't stop laughing.
Em. This is pretty deep. Basically the entire history of capitalism and accounting theory, compressed into a single off the cuff statement.
The Bitcoiners think money is an object, but the blockchain is just bookkeeping. So both is missing in Bitcoin: the object and the claim.
So Bitcoin is neither "gold" nor "money". It is only a pyramid game.