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@roy's article is much better than mine. He probably spent more time on it and is smarter than me :).

I only have one beef. I don't think you can say bitcoin is a MoE yet. Not in the way I hear economists describe MoE. As I stated in my post.

Great stuff @kepford 👏👏👏 Since we 100% agree on the bottom line, the rest is kinda semantics lol (but we can definitely discuss it if you want).

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Nah, you're right. It is 100% semantics but some seem to not get that angle. Language is not math lol. Its why I am ways hated what they now call "language arts" in US schools.

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