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0 sats \ 8 replies \ @jk_14 20 Nov \ on: Gresham’s Law: Bitcoin Will Save the World! bitcoin
There is no such thing as Gresham's Law... The proper name is: Copernicus' Law:
#128857
Like many other intellectual discoveries, Gresham’s law came from someone else, however, the accepted use is the name Gresham’s Law no matter what others would like to say, now.
Einstein took a lot of his work from others, should we do all of the revisionism now, to everyone’s confusion?
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Precisely
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You would like the confusion that this would entail? Things have been named, to rename them would be confusing for the laity, least, if not the “experts”, too.
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no, I mean your comment is spot on: yes, things have origins; no, we just keep the names they go by.
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Yes, what’s done is done.
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Letting everybody know that the IP was stolen is OK, maybe, changing the name would entail too much work in the way or rewriting all of the textbooks and etc.
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"An old statement “Bad money drives out good.” has become increasingly popular in recent years. The original statement is attributed to Nicolaus Copernicus, the great Polish thinker educated in Italy. A mathematician, an astronomer, a physician, a classics scholar, a translator, a governor, a diplomat and an economist, Copernicus is indeed one of the most brilliant minds that ever lived on earth.
During his old age, a young economist by the name of Thomas Gresham, further expanded the concept initiated by Copernicus and he made an economic law out of it..."
but sir somehow "forgot" about the origin... :/
As you can see, it's not a big deal to write: Copernicus-Gresham's Law...
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