Usually misunderstood. Only applies to fiat money combined with a commodity i.e. coins being clipped.
Thier's Law more applicable to Bitcoin.
There is no bad money in a free market of money.
Discussion
Yes, this:
https://river.com/learn/terms/t/thiers-law/
We are spending "bad" fiat money, while keeping "good" Bitcoin money.
Interesting 🤔
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obviously it's only due to our _distorted_ perception of reality
¯\_(ツ)_/¯