Here’s the thing economic crisis happened on the gold standard.
The principal issue is always political power. It doesn’t really matter what the payment system is, whether a measure of gold dust, pieces of paper with a number written on them or held in the ledge or someplace either on paper or an database.
The value of the currency is its legal standing as payment.
Knapp invented a lot of words; what he says is valuable
GhostOnTheHalfShell
npub1z3…rtxvc
2026-09-04 18:09:14 UTC
in reply to nevent1q…rpg0
Author Public Key
npub1z3lxxu5tmqxp8vhd3tny9f0nqp5dljpynh9j6gzgeyes2ukmz0kq0rtxvcPublished at
2026-09-04 18:09:14 UTCEvent JSON
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