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100 sats \ 33 replies \ @Lux 6 Dec 2024 \ parent \ on: A World Without Money bitcoin
now I read it
why should prices be stable?
so the banksters can manipulate the economy?
if it's a free market, then prices should be freely found, else it's collectivism (an academic disease)
call it by it's true name, negotiable instruments, but they don't teach that in schools
https://babylonobserver.com/mystery-paper/
'why should prices be stable?'
That is not the question. Prices fluctuate all the time, for a lot of real reasons.
The problem is that prices are being distorted by central banks and their fiat money, thus the information they convey. This causes all kinds of huge problems, as listed in Chapter 1. Later chapters will deal with these problems in greater detail.
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academics and their collectivist theories...
a school is a large group of fish, food for whales
Bitcoin fixes this
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Just look what OP was promoting previously... #707088
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consequence of years of academic programming.
that's the goal, turn bitcoin in a currency they can control.
that's why all these famous zionists are suddenly pro crapto
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Note to self: DON'T FEED TROLLS.
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I took a better look at this BitCredit, but you guys really make it difficult to understand with no details in public.
If I understand correctly, it's trying to build digital negotiable instruments using Bitcoin?
Aren't Bitcoin negotiable instruments already perfectly doable?
Is the novelty here just adapting to https://uncitral.un.org/en/texts/ecommerce/modellaw/electronic_transferable_records ?
Help me understand, please