>>13745255The future of money.
All monies are a type of ponzi scheme, now one doesn't have to be all in on one version of them. Redundancy in heterogenous construction. Value propositions can be anything, instead of just the threat of 'exporting democracy', or 'use or we'll imprison you'. These coercive equilibrium's are unstable. Finally a payments system without industrial value. Gold and silver have industrial uses, which make them ill equipped to specialise as money. Crypto is pure aetheric value transmission. Liquidity is not constrained to any geographical region, membership in a financial institution, just deploy a node, mine and swap. The saying goes, not your keys not your crypto, one actually owns their money, unlike today where deposits are fine print owned by banks, who rent extract all the interest, contrary to defi protocols, which are far more distributive. Programmable money means a whole swath of new financial instruements, like flash loans, which makes even those without big pockets, or special accounts profit from arbitrage, equalizing the playing field. No longer is it one group lauding a money printer over everyone else, but a whole swath of networks and protocols to choose from.
The future of money, as voltaire said, all paper money eventually returns to its original value- nothing.
