Weltzeitgeist on Nostr: Everybody can create 'money' through IOU. That's all that money is. If you have ...

Everybody can create 'money' through IOU. That's all that money is. If you have property, a bank can give you a loan, and it's worth something because you give the bank an IOU x amount of money. The superrich are getting richer through capital accumulation, profits, rents, and yes also interests. But none of these problems are solved with Bitcoin. None.