Is there any book/resource you'd recommend on the topic? Have you read this one: https://press.princeton.edu/titles/746.html ?
That said, to analyze well the relative prospects of cryptocurrencies, it helps greatly to have a strong grounding in deep monetary history, in contrast to modern monetary theories, which are mostly central banking ideologies that are largely irrelevant to cryptocurrencies.https://twitter.com/NickSzabo4/status/977035747713675264 …
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Anything that only goes back to 1867 is likely to be a very shallow monetary history.
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It's still shallow to concentrate on the United States. Most of the history of The USD it was backed by precious metals. It takes a long time for perception to change.
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"... modern monetary theories ... are mostly central banking ideologies that are largely irrelevant to cryptocurrencies." -- Quality.
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It might also be helpful to have a few behavioral & microeconomists who can make suggestions on how differently incentivized agents (founders, institutions, exchanges, and individuals) would behave in a new financial ecosystem.
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would very much love to see your “deep monetary history” recommended reading list ...
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Nick, tell us your thoughts on Proof-of-Stake?
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No entiendo por qué en tus blogs has dejado las Crypto’s.
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Meh. If you don't understand economics you end up building tokens like Freicoin and Taler. One man's common sense is another's idiocy.
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nick are you baked?
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In crypto money is not created by debt. This groundbreaking feature is what scares the incumbents
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Centralized currency systems are political pornography. The larger they are the more pornographic. Stay tuned....
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Knowing that money is a language also helps.
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If you say so Mr Satoshi
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simplicity is the last refuge of the complex
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