Why Nostr? What is Njump?
2024-09-11 20:34:02
in reply to

Jeff Swann on Nostr: I suspect in a free market with decent property protections, impossible debts could ...

I suspect in a free market with decent property protections, impossible debts could naturally be cancelled/resolved based on individual circumstances via bankruptcies. Why would some arbitrary number of years be preferable to basic market functions?

I also think a sound monetary system will lead to far less debt creation & far more overcollateralization.
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npub1ajv7m32k0cpgzha32qszsh304qusjvwwmavus0ttktzldms4xzusuftppj