Stop everything and think about correcting the way we express prices. Then see what are the remaining problems.
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Bitcoin Awareness
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If we separate pricing from money, the best money will win simply because comparisons between them become natural. In that case, the measurement layer must have a fixed denominator, and it can be anchored to Bitcoin’s fixed denominator.
#Asknostr feedback is welcome.
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GM. Let's go! Formal presentation soon.
UFD: A Fixed Denominator Unit of Account for Price Measurement
Working Paper v1.0
I do like conceptual challenges. Dropping a big one tomorrow. Stay tuned!
I have a few decades of life behind me. My whole generation thought we would be living in a more peaceful and less chaotic world in the future, back when we were younger. In fact, technologically, the world has improved a lot. However, the political, financial and social chaos continues. I’m not talking about bitcoiners, but about the general population. Why don’t they question this?
This is to answer those that say we need the FED and other central banks.
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