May 12, 2021
Where Bitcoin is on the chart, shouldn't that be "cryptocurrencies?" That any number of different currencies can be created and they compete for users definitely eliminates both "fungibility" and "scarcity."
Written by Stephen Yearwood
M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman