With the extension of traffic in space and with the expansion over ever longer intervals of time of provision for satisfying material needs, each individual would learn, from his own economic interests, to take good heed that he bartered his less saleable goods for those special commodities which displayed, beside the attraction of being highly saleable in the particular locality, a wide range of saleableness both in time and place.
- The battle that never was: The regression theorem versus Bitcoin
- The “money or nothing” fallacy
- Scarcity by the numbers
- On technical concerns and comparative realism
- Show your work: Narrow logical steps
- The presence of pre-existing price constellations
- Taking it back to steak, eggs, and flour
- 120,000 years of “mere” collectibles
- Technical and economic layers always present
- The importance of system and unit perspectives
- A well-documented illustration
- The first emergence of Bitcoin prices for money
- Distinguishing the early value components
- Chalk this one up for the crazy ones too