Nick Szabo  🔑

21/ Fewer and fewer people might identify as Christians, but spirituality and religious cravings don’t seem to have vanished much. People have metaphysical capacities built into them and are still very much seeking in terms of spiritual things.

22/ It’s also pretty unlikely that people don’t hold anything sacred anymore. If I had to guess off the bat, I would say that things like equality, the environment as well as the state are things many people consider quite a sacred thing.

23/ As a matter of fact many people think that #Bitcoin is not really doing well when it comes to equality, environmental protection and the state, of which it is a competitor in money terms.

24/ And what about #technology, isn’t it at odds with the sacral on a fundamental level since technology is all about Math, which is totally calculable other than spiritual matters? Or has #Satoshi’s mystical act of creating Bitcoin been brilliant in this very regard?

25/ I’d love to develop these thoughts further. What do you think: @nic__carter @NickSzabo4 @yassineARK @arjunblj @Moon__Rekt @bquittem @_ConnerBrown_ @HillebrandMax @mrauchs @real_vijay @misir_mahmudov

It's an interesting take, but the main useful observation seems to be the same as that of chartalism -- big creditors (even if what is "owed" is a moral rather than legal obligation) have a disproportionate say in what gets considered money.

As for sacral properties of silver & gold, because they had the best monetary properties (including minimized chemical degradation), they became, long predating coinage, the main media of wealth transfer. Among Greeks tripods of precious metal were donated by monarchs to temples.