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Replying to Avatar Satoshis Nephew

At its core, money is a ledger. Commodity money [gold] serves as a ledger governed by nature. Bank money [fiat] serves as a ledger governed by nation states. Open source money [Bitcoin] serves as a ledger governed by users.

nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a

#bitcoin #nostr #freedom

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aoeu 11mo ago

nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak goes into some of this designation on his podcast too. This is one that I’ll have to listen to a couple of times.

https://saifedean.com/podcast/255-is-bitcoin-a-currency-or-a-commodity

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