@Alvaro_DMaria He pasado recientemente unos días en Florencia y lo que consiguieron los Medici es la base de la sociedad en la que vivimos hoy. Gracias a su énfasis en la educación-humanismo, competitividad y búsqueda del virtuosismo en el ser humano.
@JAN3com@NickSzabo4 "...not because any leader decreed them valuable, but because their scarcity and durability made them perpetually ready — on hand when fate struck. Everybody came to find that valuable."
@NickSzabo4 's knowledge at its best.
Money didn't emerge from barter markets. It emerged from death, conflict, and marriage, centuries before markets existed. 📜
@NickSzabo4's latest essay "The Fabric of Desires" traces Bitcoin's deepest roots.
Read the full piece on the JAN3 Blog. ⬇️
https://t.co/67ddYfoYyI
Hal Finney basically described the STRC endgame in 2010.
Bitcoin becomes high-powered money.
Financial institutions issue credit and digital cash on top of it.
Bitcoin settles the base layer.
The market prices different issuers by reserve quality, risk, and redemption confidence.
That is not a betrayal of Bitcoin.
That is Bitcoin eating banking from underneath.
@matt_barrie They’re sending the country broke. Any intelligent person will be actively looking at ways to put any money they have beyond the reach of these 🤡 clowns. They will eventually run out of money, and they’ll come after private citizens. Guaranteed.
"Cuanto más se acostumbraban los ciudadanos a obedecer órdenes injustas, menos recordaban que antaño habían sido libres. Y así, con la excusa de la paz y la estabilidad, aceptaban sin protestar imposiciones que en otro tiempo habrían considerado intolerables".
(Tácito. Anales)