120 sats \ 0 replies \ @DiracDelta 18 Jul 2023 \ on: Five Economic Terms You Should Know When Learning About Bitcoin bitcoin
Here's a foundational economic term most bitcoiners don't even know: STANDARD OF VALUE.
The unit in which one denominates a contract for a future exchange or series of exchanges e.g. a supply chain contract, a debt, a rental agreement, or a salary.
https://heaviside.substack.com/p/the-forgotten-fourth-function-of