3 ms·
>Show me the strictly paper money system which has lived 1000 years So nothing can ever exist going forward that hasn't existed already in history? >just like
by hnnewguy 12y ago
>Show me the strictly paper money system which has lived 1000 years
So nothing can ever exist going forward that hasn't existed already in history?
>just like physics and we'd understand it all already.
You think we understand "all of physics"?
- msandford 12y ago> So nothing can ever exist going forward that hasn't existed already in history? Not at all. Just that new solutions to old problems probably aren't much better than the old solutions, and perhaps worse. How much have forks evolved, or chairs? Money is an old problem and has very old and well worn solutions. Modernity has made fantastic technologies, I'm not sure that the money we have is a breakthrough.