I've read Layered Money.
As much as I respect Nik Bhatia, "it's always been done that way" is not a valid reason to continue doing something (layered monetary systems).
The entire first half of Nik's book makes many strong cases *against* attempting to build a layered monetary system.
It's one of the biggest problems that's led to our utterly broken fiat system.
You can't scale technologies in layers. You can only build applications in layers.
note1cp4ymdknj4que2q5tfjfj8arws3jj4fmtc8k293xuun4wf45jcxqlze68s
atxmj /
npub14l…303ze
2023-02-24 23:32:55
in reply to nevent1q…xp3n
Author Public Key
npub14lynvghtf4uup7m4u4hqc9z48aepfv9yv647hg2vkwyk33n4te4qd303zePublished at
2023-02-24 23:32:55Event JSON
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"content": "I've read Layered Money.\n\nAs much as I respect Nik Bhatia, \"it's always been done that way\" is not a valid reason to continue doing something (layered monetary systems).\n\nThe entire first half of Nik's book makes many strong cases *against* attempting to build a layered monetary system.\n\nIt's one of the biggest problems that's led to our utterly broken fiat system.\n\nYou can't scale technologies in layers. You can only build applications in layers.\n\nnote1cp4ymdknj4que2q5tfjfj8arws3jj4fmtc8k293xuun4wf45jcxqlze68s",
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