22 sats \ 1 reply \ @AG 11 Oct \ parent \ on: Mystery Paper: Ancient Merchant Paper, For Merchants Only & Corporate Countries AGORA
Just finished watching it, short episodes with a canadian accent. Anyhow, commercial law apply globally, and it explains why, how historically and which instruments we're still using today, even if masqueraded with different technology
And that's how a simple piece of paper IOU became so called "legal tender".
And that's why Bitcoin never can be a legal tender, because Bitcoin cannot be debt.
As I explained here: #463278
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