Wow! Economist are paying attention.
One of the clever uses of superior money in a world that has a great deal of inferior money.https://twitter.com/NickSzabo4/status/1169423014833709056 …
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An economist is, anyway. :-)
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The intolerant minority.
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Bitcoin is a monetary litmus test for fiat currency value.
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all money is inferior to the next in hindsight, it was/is the best we had at the time before satoshi put the pieces together. In the end we will get better money but will it be a order of magnitude better? not for a while.
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Argentina is currently experiencing a $1000 Bitcoin premium. Currency value manipulation and capital control detection properties of
#Bitcoin are working like a charm there!https://finance.yahoo.com/news/why-argentina-seeing-bitcoin-premium-150010580.html …Thanks. Twitter will use this to make your timeline better. UndoUndo
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As if Bitcoin exchange rate isn't manipulated rofl. Blockchain does not change human nature.
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All markets are "manipulated" bitcoin levels the paying field.
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An issue with superior Money is that it requires an off ramp for Cash and Ultimately we don't control that. It's a little scary to have Digital Money Only. Are We ever really free then? We want to spend our Satoshis. IRS makes that a Cumbersome ..So we just accumulate Bitcoin..
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