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Rubbish. This is a misreading of Jevons being passed around as myth in the bitcoin world. There is no “four stages of value of currency adoption” and in Jevons’
by graeme 6y ago
Rubbish. This is a misreading of Jevons being passed around as myth in the bitcoin world. There is no “four stages of value of currency adoption” and in Jevons’ framing gold was an exception in that it was a store of value first.
- Geee 6y agoWhat's the correct idea then?