melvincarvalho on Nostr: Money isn’t what you hold—it’s who controls the ledger. If your bank erased ...
Money isn’t what you hold—it’s who controls the ledger.
If your bank erased your balance, do you still have money?
Commercial banks create money from nothing, issuing loans as ledger entries. The state licenses them, but the ledger has its own life cycle—created, multiplied, erased.
Bitcoin changes the rules.
Published at
2025-02-28 08:15:34 GMTEvent JSON
{
"id": "594d64e937bc4c545d32d855f4a10f7673e121529814c0a306d99730ea01de35",
"pubkey": "de7ecd1e2976a6adb2ffa5f4db81a7d812c8bb6698aa00dcf1e76adb55efd645",
"created_at": 1740730534,
"kind": 1,
"tags": [],
"content": "Money isn’t what you hold—it’s who controls the ledger.\n\nIf your bank erased your balance, do you still have money? \n\nCommercial banks create money from nothing, issuing loans as ledger entries. The state licenses them, but the ledger has its own life cycle—created, multiplied, erased.\n\nBitcoin changes the rules. ",
"sig": "517cf7051114a97f66bccc861512a9d4a7c235254d7a3c36afda34e72421e7921d1071a4ace0a3a97eaa59b83e488ee6bbc67984b11c4e7bab1ac704f58e087f"
}
