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42 sats
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3 replies
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@jakoyoh629
20 Jul
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on: Stacker Saloon
money is debt in the form of an implicit contract between the individual and society
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@Lux
20 Jul
where is that contract? can I read the terms? who signed it?
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@jakoyoh629
20 Jul
The state issues laws and is ultimately responsible for formalizing society’s implicit contract.
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@Lux
20 Jul
We issue states and are ultimately responsible for formalizing society's explicit contracts
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