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Gustav: I find it interesting how language deeply colors our perception of the world. In programming languages it can feel so alien to move from something more readable like Python into something more arcane like FORTRAN. I find myself in a completely different mindset if I am nesting formulas in Excel vs when I am nesting functions in C++ or building relational chains in SQL, even though they are conceptually similar.

What about the pervasiveness of gender in many Latin languages? Or the built-in hierarchies of Eastern tongues? Or the extensive religious references which are steeped in everyday Arabic phrases? Do these shape our very outlook?

Although I am not a native speaker, I find several peculiarities with English fascinating. I have always found the double duty of financial concepts to be interesting. Speaking of, 'interest' itself has many meanings. And a particular one in the context of finance that seems disconnected from the others unless you look deeply. What of 'bond' or 'capital' or 'wage'?

My favorites are 'confidence' and 'trust.' It is no coincidence that fraudsters are called con-men and words associated with trust pervade the language of finance. Or the uses people find for trust funds. Especially under a fiat money system, confidence and trust are the underlying support structure of the currency itself, which underpins the entirety of economic activity.

Remove that trust, lose that underlying confidence, and what will happen?

#Bitcoin #cryptography #linguistics #finance #trust #confidence #fiat

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