What a joy to read this article, and the shell dump to the highlanders seems make me know a bit more of how money works and why bitcoin's scarcity make it have that high price
What a joy to read this article, and the shell dump to the highlanders seems make me know a bit more of how money works and why bitcoin's scarcity make it have that high price
that's a pretty bad take away
It's not a sophisticated take but if you haven't really thought about inflation before and its relationship to monetary supply it's a pretty good illustration. I'd not really want to knock someone for having an insight.
The juxtaposition of someone's instinct to be thinking of bitcoin when reading about indigenous trade is at the best a bit funny, and at the worst small-minded when you consider the havoc those Australians brought onto their culture. Basically wiped out a foundational part of their way of life in an instant for their own gain. It's sad. That was my takeaway.