Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴 on Nostr: The argument of 'intrinsic value' is inherited economic ignorance. Nothing possesses ...
The argument of 'intrinsic value' is inherited economic ignorance. Nothing possesses intrinsic value; humans are the ones who assign it value.
The best money does not compete with people for food, energy, or production materials. Gold came close to that. Bitcoin perfected it: absolute scarcity, global transfer, cheap verification, and no industrial use that punishes humans when its price rises.
Pure money.
Published at
2026-07-18 22:49:03 UTCEvent JSON
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"content": "The argument of 'intrinsic value' is inherited economic ignorance. Nothing possesses intrinsic value; humans are the ones who assign it value.\n\nThe best money does not compete with people for food, energy, or production materials. Gold came close to that. Bitcoin perfected it: absolute scarcity, global transfer, cheap verification, and no industrial use that punishes humans when its price rises.\n\nPure money. \n\n",
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