mycointhoughts on Nostr: Currently in Florence, birthplace of the Florentine florin. These gold coins ...
Currently in Florence, birthplace of the Florentine florin. These gold coins experienced literally no debasement over a 280 year period, essentially acting as a sound money standard. The low time preference construction that occurred during its reign is a clear case study about how sound money can help usher in and sustain a golden Era. This is one of the many reasons that #Bitcoin and its absolute scarce properties matter.
Published at
2023-08-15 11:08:56Event JSON
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"content": "Currently in Florence, birthplace of the Florentine florin. These gold coins experienced literally no debasement over a 280 year period, essentially acting as a sound money standard. The low time preference construction that occurred during its reign is a clear case study about how sound money can help usher in and sustain a golden Era. This is one of the many reasons that #Bitcoin and its absolute scarce properties matter.",
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