3 ms·
it's not about efficiency, its about trust. few things can do as much harm as an untrustworthy money system or say a damaged "rule of law" - both of which the
by fuddcoinn 9y ago
it's not about efficiency, its about trust.
few things can do as much harm as an untrustworthy money system or say a damaged "rule of law" - both of which the western world struggles with right now.
we are plenty inefficient with many things (subsidies, war) but inefficiency isn't even in the same league as a broken (fraudulent) money system.