Question. Does anyone know of a relation between eating lots of meat and gout? #carnivore #asknostr

Monetary History #1 — The Pattern Behind 6,000 Years of Money (German 🇩🇪 and Spanish 🇪🇸 versions in the comments.) I studied monetary history through structured Saylor Academy coursework. What surprised me wasn’t the dates. It was the pattern. For 6,000 years, monetary systems have revolved around three recurring problems: Standardization. Debasement. Settlement risk. And every major shift in money can be traced back to one of them. --- 1. Standardization — Money must be predictable The first widely recognized coins appeared in Lydia around 700 BC. Why coins? Because trade slows down when every transaction requires weighing metal, checking purity, or negotiating exchange rates between regions. Uniformity scales markets. The Florin, introduced in Florence in 1252, held its value for more than 400 years. It became a European reference unit not because it was flashy — but because it was consistent. Money wins when it reduces friction. When standards emerge, economies expand. --- 2. Debasement — Hard money vs political incentives Most historical coins were eventually diluted. Rulers clipped edges. Reduced metal content. Reissued currency with lower intrinsic value. Why? Because political incentives favor short-term liquidity over long-term credibility. The Florin’s strength was simple: it resisted debasement longer than competitors. Hard money builds trust slowly. Soft money gains power quickly. And over time, politics tends to overpower discipline. --- 3. Settlement Risk — Moving value is hard Transporting gold across oceans was dangerous and expensive. Empires lost shipments. Wars forced nations to relocate reserves. Trust required physical custody. Even during World War II, massive gold reserves were shipped across continents to avoid seizure. Settlement has always been a logistical problem. Then came 1971. When the gold standard ended, money stopped being physically constrained. Settlement became political instead of material. --- The recurring cycle Throughout history we see the same sequence: 1. A hard, reliable monetary base emerges. 2. It scales and becomes dominant. 3. Political incentives weaken its backing. 4. Trust erodes. 5. A new standard eventually forms. Monetary history is not random evolution. It is a cycle between discipline and discretion. --- Why this matters now For the first time, we have a monetary system designed to eliminate: debasement (fixed supply) transport risk (digital settlement) standardization problems (one global ledger) Bitcoin is not just “digital gold.” It is an engineered response to recurring historical failure patterns. That’s what studying monetary history made clear to me. --- What do you think is the weakest point in our current monetary system? Monetary History #2 coming next. German 🇩🇪 and Spanish 🇪🇸 versions below for those interested.

Do you read the actual "Reads" (articles) on #NOSTR or do you prefer normal posts but longer ones? If I would write some longer form content, should I do it as a post or as a read? #asknostr #primal #writing

GM! Have a wonderful day!

GM!