> You know, I wish that there were a requirement for people to read just one book on economics before blathering about cryptocurrencies Well you’ll be pleased

> You know, I wish that there were a requirement for people to read just one book on economics before blathering about cryptocurrencies Well you’ll be pleased to hear I’ve read plenty of books on economics, and hey — I even hold a qualification in it! Just like the “value” inherent in fiat currencies, we grant “power” to the government because enough people agree to do so. This is real value, but nonetheless arbitrarily granted. Hence why I qualified my statement by saying “in essence” — just a bit of vital nuance you happened to miss. Thanks for the chuckle though, I did laugh at the notion that after 9 years in crypto, I “haven’t thought for even a few seconds” about it :)