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I do think it gets pretty murky when he starts explaining that commodity money is different because its value derives from the community accepting that a particular unit is the commodity.
That sounds a lot like a consensus mechanism.
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It does for sure
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I see. Thanks for the clarification.
I must confess. I took some joy in posting this podcast and title as I know how much we all love to hate on fiat and call everything we don't like fiat or everything that sucks fiat.
Good to get the blood pumping :)