4 ms·
The amount of non-debt money in circulation is <20% and always shrinking. >The value of the units is directly correlated to the amount of work required to get
by jsprogrammer 10y ago
The amount of non-debt money in circulation is <20% and always shrinking.
>The value of the units is directly correlated to the amount of work required to get the units.
Do you have a proof of this? I doubt there is much correlation between "amount of work required" and the value of the units. The FRB has instantiated ~$4,000,000,000 with almost no work required and its dependents have gotten those units, also with very little work required.