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2026-03-24 04:01:10 UTC
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𝓼𝓮𝓻𝓪𝓹𝓪𝓽𝓱【ツ】☮(📍🇬🇧) on Nostr: Okay, lets get definitions clear please: 1. Money is denominated in a currency (e.g. ...

Okay, lets get definitions clear please:

1. Money is denominated in a currency (e.g. USD, cigarettes, etc.. anything ppl accept as means of payment & price goods in)
2. sellers price stuff & buyers become debtors who owe sellers the price
3. debtor normally settles by paying price in money
4. Buyers need a positive transferable balance in a currency to be able to use it as money to pay debt