zaps_ @zaps_ - 2y
Great HHH Interview: https://mises.org/library/private-property-order-interview-hans-hermann-hoppe
Assuming there is no unbacked paper trading
Yep, it's quite brilliant
https://en.m.wikipedia.org/wiki/Jim_Bell
https://mises.org/library/yield-money-held-reconsidered
TANSTAASB
There is no security budget
🌽
Does this bull have five legs?
Nice!
Just like the 🌽
The comparison is a category error because ETH is not decentralized. A famous example of a category error is when Warren Buffett discredits Gold because it doesn't produce a yield like e.g. farmland does. He is comparing two things that are not in the same category (Gold is a form of money, not a form of income producing asset). Since ETH is not decentralized it cannot ultimately become a government-hard money. It is not in the same category as Bitcoin, and afaik no other cryptocurrency is either.
Your understanding of economics apparently has room for improvement
https://youtu.be/xQebtqO5ikE so good!
https://giphy.com/gifs/nounish-dao-nouns-goldypix-mpxnrjQKLo0iA32r23
Worked ⚡
😂😂
Try Cheval des Andes!
Heads