Yep, gets to the core of fiat.
Also think that closed monetary system is a great way to look at bitcoin.
Luke definitely has borrowed and expanded some ideas of #[3]
This Luke Broyles pod with #[0] was 🔥 .. I love the term 'political currency unit' for fiat .. it puts it into perspective, esp against the economic black hole that is #bitcoin    , dragging value from other asset classes increasingly https://youtu.be/695SjcxoejY
Yep, gets to the core of fiat.
Also think that closed monetary system is a great way to look at bitcoin.
Luke definitely has borrowed and expanded some ideas of #[3]
No replies yet.