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2025-08-18 13:56:38 UTC
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Weltzeitgeist on Nostr: Yes, well summarized. It is something like digital gold that can also be used to ...

Yes, well summarized. It is something like digital gold that can also be used to settle payments, but it is mainly an investment with great risks. However, money, a currency, the unit of account is something else. It functions as a social contract with access to the future, pledging of property, monopoly on the use of force and taxes. But it is confused by the Bitcoinbros, as it used to be by the goldbugs.