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0 sats \ 4 replies \ @telcobert OP 6 Dec \ parent \ on: A World Without Money bitcoin
The problem starts with your wording 'some kind of IOUs'. Imprecision is lethal in monetary economics.
On a positive note, your question shows that you are subconsciously aware that there are different kinds of IOU. Consider the specific kind of IOU for which you want to ask and you will get an answer.
Also, once you grok the difference you may not even even have to ask.
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0 sats \ 3 replies \ @DarthCoin 6 Dec
So? What you are going to use to buy a beer? Or a car?
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0 sats \ 2 replies \ @telcobert OP 6 Dec
So, you have not even read the article? But happily trolling away. Bye.
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0 sats \ 1 reply \ @DarthCoin 6 Dec
I read it. Is that hard to answer this simple question?
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0 sats \ 0 replies \ @telcobert OP 6 Dec
It says in the article: "Goats."
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