Money is money (commodity money). Fiat money is a currency. (a money substitute)

Money is money (commodity money). Fiat money is a currency. (a money substitute). Private money is a fiduciary instrument (a money substitute). Nature insures commodity, the state fiat, the private org fiduciary instruments, and who insures stock/btc?


Source date (UTC): 2022-01-23 03:13:48 UTC

Original post: https://twitter.com/i/web/status/1485088346888187909

Reply addressees: @oswaldspangled

Replying to: https://twitter.com/i/web/status/1485086897647284228

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