4 ms·
Wait did you say money? Money doesn't exist in the situation you describe. Who is issuing the money? At best trading for good is the best possible.
by wolco 6y ago
Wait did you say money?
Money doesn't exist in the situation you describe. Who is issuing the money? At best trading for good is the best possible.
- wongarsu 6y agoMoney is just a concept. Whether that's governement issued legal tender, gold, cigarettes or coffee beans doesn't really matter. Silver coins were in use long before governments started stamping them.
- auston 6y agobitcoin does though
- bccdee 6y agoBut without anyone to engage in fiscal or monetary policy to protect the value of BTC, it'd be vulnerable to huge swings in value.