See below's hierarchy of money as per Mark Carney, https://www.bankofengland.co.uk/speech/2018/mark-carney-speech-to-the-inaugural-scottish-economics-conference?sf85159259=1 … Unit of account comes first.pic.twitter.com/obE0Ef6qC5
Cryptocurrency Analyst. Bitcoin, not Blockchain. Angel Investor. Previously @Princeton.
You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
Add this Tweet to your website by copying the code below. Learn more
Add this video to your website by copying the code below. Learn more
By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.
| Country | Code | For customers of |
|---|---|---|
| United States | 40404 | (any) |
| Canada | 21212 | (any) |
| United Kingdom | 86444 | Vodafone, Orange, 3, O2 |
| Brazil | 40404 | Nextel, TIM |
| Haiti | 40404 | Digicel, Voila |
| Ireland | 51210 | Vodafone, O2 |
| India | 53000 | Bharti Airtel, Videocon, Reliance |
| Indonesia | 89887 | AXIS, 3, Telkomsel, Indosat, XL Axiata |
| Italy | 4880804 | Wind |
| 3424486444 | Vodafone | |
| » See SMS short codes for other countries | ||
This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.
Hover over the profile pic and click the Following button to unfollow any account.
When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.
The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.
Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.
Get instant insight into what people are talking about now.
Follow more accounts to get instant updates about topics you care about.
See the latest conversations about any topic instantly.
Catch up instantly on the best stories happening as they unfold.
See below's hierarchy of money as per Mark Carney, https://www.bankofengland.co.uk/speech/2018/mark-carney-speech-to-the-inaugural-scottish-economics-conference?sf85159259=1 … Unit of account comes first.pic.twitter.com/obE0Ef6qC5
This is the central banking narrative. Austrian economics disagrees.
This is not about different schools of economics. this is about anthropology/social studies.
This is false. Money emerged as a Commodity (Menger) or as a Collectible/Jewelry (Szabo) before being SoV, then MoE then UoA. The aforementioned narrative is convenient to central bankers to attempt to discredit new forms of money that have a significant chance of disrupting them
Ok. We will have to disagree. Thanks.
Can you factually support your view that UoA precedes SoV or will you only point me to Central Bank reports? Btw, all your linked paper said was “Some economists think UoA is the most important function.” It didn’t say much about origins and genesis Trying to analyze myself.
Yes,sure,I just gave you the most recent-Carney's speech was today('The hierarchy points to the reality that money is a social convention').As I said,my sources have little to do with economics,but are in anthropology/sosical studies.See 'discussion' above, David Graeber's work.
How can you put trust in Carney, who, on top of taxes, inflates your currency 2-4% per year via money printing, thereby “stealing” it from you?
We are trying to create “Sound Money” here, the monetary policy / emission of which is NOT under corrupt human control, but rather a transparent algorithm’s control.
Sure. But if you are referring to crypto currencies, I do not think this is the right algorithm.
“Seigniorage is a convenient source of revenue for some governments. By providing the government with increased purchasing power at the expense of the public's purchasing power, it imposes what is metaphorically known as an inflation tax on the public.” https://en.m.wikipedia.org/wiki/Seigniorage …
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.