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Petrodollar is dying.
https://m.stacker.news/155428
Suez -Hormuz.
@coffeebadger can cry all he wants- its OVER!
pull down to refresh
Petrodollar is dying.
https://m.stacker.news/155428
Suez -Hormuz.
@coffeebadger can cry all he wants- its OVER!
"Under hyperbitcoinization, local fiat disappears. A standard toy priced at $14 USD / €13 EUR / ¥100 CNY / ¥2,000 JPY / 350,000 VND collapses into a single network price based on the $120 Trillion M2:
The SATS standard: ~233 sats.
The NAHS standard: Exactly 10 nahs.
You cannot teach a 3-year-old in any country to earn 1 sat a day and save to 233. The number exceeds a toddler's cognitive limit, destroying the lesson of delayed gratification.
But a parent anywhere can teach this formula: 1 chore = 1 nah. 10 days = a 10-nah toy.
10 is a universal constant. Regardless of your current fiat currency, Nah•Sovereign•Diamond provides the mathematical UI to build low-time-preference children."