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:
Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform
Mike Norman writes Oh no…Eva Langoria leaving the U.S.!!!
Merijn T. Knibbe writes Argentina bucks the trend. Vitamin A deficiencies are increasing
Mike Norman writes Wishful Thinking
| 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.