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2026-02-05 09:53:22 UTC

npub1ljv5m3xetmlx9e0drjz9gt6q58638ckyh7v4xqp65n073ttynvgsmga29n on Nostr: "Economic theory has nothing to say as to what commodity will acquire the status of ...

"Economic theory has nothing to say as to what commodity will acquire the status of money. Historically, it happened to be gold. But if the physical makeup of our world would have been different or is to become different from what it is now, some other commodity would have become or might become money. The market will decide."

Hans-Hermann Hoppe