For thousands of years, money has been backed by trust and gold, and protected by ships. However, in this millennium, money will now be backed by encryption and math, and protected by chips. https://t.co/auZyuL2nth
My opinion now is that it is desirable that a standard for a comparatively "ideal" currency should be structured so that the form of money established would have some attractiveness for "hoarding"
John F Nash Jr., Ideal Money, 2010
https://t.co/pjQ9GcByil