Fiat Money Babel Bitcoin Clarity

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Come, let us go down and confuse their language so they will not understand each other.-Genesis 11:7

The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. -Friedrich August von Hayek

A price system is an information exchange network. It works best when built on top of a globally-shared neutral monetary medium. The more complex society becomes, the more pressing the need for a neutral monetary standard that doesn’t introduce noise into economic signals.

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