MBitcoiner on Nostr: Gold isn't that great for an anti-Riba money. The tendency to give up custody of gold ...
Gold isn't that great for an anti-Riba money.
The tendency to give up custody of gold due to its storage costs and limited portability leads to interest based credit creation.
Bitcoin is better for self custody, therefore it's better anti-Riba money
Attached is a relevant quote from Lyn Alden's essay "What is Money, Anyway?"
Published at
2023-12-03 23:51:56Event JSON
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