Explains why you don't see socialist entrepreneurs.
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Explains why you don't see socialist entrepreneurs.
Witch Hat Atelier
Anarchy is not chaos and destruction. It simply is a state of not being subjugated by a ruler... an-archon
Note that the law applies not just to a particular type of coins, but to the exchange rates between different money commodities as well. Suppose in a bimetallic standard, `metal A` is pegged to `metal B` at a ratio of 1:10, but the market value of a unit of `metal A` is 12x that of `metal B`. In this case, `metal A` is artificially undervalued, and per Gresham's Law, will be driven out of circulation.
So while we fight spam on Bitcoin, Saylor not only ignores the matter but also builds his own Bitcoin affinity scam. And yes, we should assume his products are scams at least until he publishers proof of reserves.