It’s the moral analysis of our monetary system and bitcoin.
No economics, just the ethics
takes Aristotelian/Thomistic natural law, and translates it into plain language with unrelenting rhetorical force.
i think economics is the wrong tool for orange pilling the masses. economics is a good surface level tool explaining “what” but ethics digs to the roots and explains the why.
going to send the publisher what hopefully is the final draft by the 25th.
agreed, privacy is important. building privacy options on layers is awesome and a need businesses/developers will service.
the “it’s not real” idea is just not true, a step too far.
it really only muddies the waters instead of providing clarity.
KYC btc is infinitely better than no btc
Get it how you can get it
It’s a better outcome for the future regardless of whether the tarrifs “work” or not.
When the joists have termites, the house is coming down one way or the other, might as well try and fix it.
reality isn’t anonymous
i understand privacy issues, but we need to think about what we are saying for just a second.
there is obviously a distinction
privacy cannot be an end in itself.
Would we say if your name is associated with your house, it’s not real?
If your spouse knows your name, your neighbors?
i just can’t bring myself to hit the ❤️ on nostr
if i don’t find the principle which clearly demarcates genuine value from degen simping soon, I’ll owe you a fat zap v4v for providing such an interesting conundrum to ponder
ahh, the menu is a la carte 🤣
The laundry list of money’s material characteristics is huge, as listed by Carl Menger, “On the Origins of Money,” in Economic Journal 2, trans C.A. Foley, 239-255.
Originally published in 1892 (Auburn AL: Ludwig von Mises Institute, 2009), 29-32.
you can pick 4, i went with 7, without a clear purpose of what you’re trying to convey, it could go on and on.
Below is the except from my book:
Just as a steel sword surpasses a bronze one in strength and
endurance, the material characteristics of money dictate its utility and longevity.
Austrian economists refer to this as “salability,” a composite measure of the social circumstances and material characteristics that determine money’s functional potency.
But for our purposes, we need only highlight several key material
characteristics that define its strength and viability:
1) Scarce: The supply of money must be limited; otherwise, its value erodes.
Gold is scarce; pebbles not so much.
2) Portable: Money must be easy to transport. Gold coins fit in your pocket; cows do not.
3) Divisible: Money must be easily divided into smaller, standardized units.
Diamonds resist division without loss of value; gold coins split cleanly and
consistently.
4) Durable: Money must withstand the test of time and the elements. Paper
deteriorates; gold endures.
5) Fungible: Each unit must be interchangeable, holding the same value. A one-ounce gold coin equals another of identical weight and purity; unique items, like artwork or rare gems, fail this test.
6) Possessable: Individuals must be able to control, own, and transfer money without interference. Gold can be held in hand or secured in vaults; land and livestock, by contrast, are far harder to transport or conceal.
7) Acceptable: Money must be recognized and used as a trusted medium of exchange. Gold was accepted across empires; a seashell holds little weight in most markets today.
I highly recommend following nostr:nprofile1qqsxucmg2dlqngz5a8vkecj6lwfckplymt73l00zzegpd74rz5ylazgpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzfmhxue69uhhqatjwpkx2urpvuhx2ucg9gwv6 , not just because he paid me to say this but because I checked out their feed and it’s actually very useful and insightful.
Followed 🫡
your experiment is interesting.
the message kind of clangs cause it doesnt really ring true.
the effecient cause is him paying you, not your opinion of his feed.
would resonate better if you just said “because he paid me”
yeah, it’s dino and dumb, but since that’s what people know, that’s what most will do unfortunately
My feeling is ultimately behaviors like this will come to nostr if nostr is successful. Good or bad.
yeah, agreed.
There will be signs
I’m torn, can’t recognize the line between legitimate value for value advertising and a gay fiat relationship.
i can underetand you getting paid to run an ad for a product
can understand you getting paid to promote a book, but it is more gay cause endorsing ideas isn’t the same if not genuine
cannot understand the follow, just as gay as paying for sex, an admission of inadequacy, hollow
shame for not seeing it sooner
anger for being lied too
motivated there is a solution
#bitcoin
if so, you are already a slave
the “money” i made from benefiting from an extractive system over the last 50 years is down 20%!!
not fair!!
🖕
