High-signal interview question: “Where does money come from?”
If you can answer this coherently, you are miles ahead of most wrt seeking out and synthesizing information. #Bitcoin
High-signal interview question: “Where does money come from?”
If you can answer this coherently, you are miles ahead of most wrt seeking out and synthesizing information. #Bitcoin
Wow yes. Subject must be able to rattle off the properties of sound money
From the market need to facilitate the exchange of goods and services. From the market.
Money comes from emergent order.
Currency comes by decree.
Gold was emergent money that failed.
Bitcoin is emerging money that gives us freedom, but few understand it.
Cryptocurrency is techno-fiat currency.
Crypto means cryptography, but most people use it to refer to techno-fiat currency.
Put another way, "Bitcoin not crypto." Stay humble, stack sats and all that jazz, but I also think it's important tk spend a little bitcoin. You know, treat it like money.