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Tweet 934545309669015552 - Dom's Brain
Tweet 934545309669015552 author: dominic w created at: 2017 11 25T22:12:19Z url: https://x.com/dominic w/status/934545309669015552 reply to: https://x.com/do...
Tweet 934545309669015552
- author: dominic_w
- created_at: 2017-11-25T22:12:19Z
- url: https://x.com/dominic_w/status/934545309669015552
- reply_to: https://x.com/dominic_w/status/934545238449721344
- quote: none
- metrics: replies=1, reposts=0, quotes=0, likes=5, views=unknown
- media: none
Original Text
@ChrisLundkvist @aboutCircles @koeppelmann @niran 3/ Nature of fiat money
Money is really a call on those assets and guarantees, which borrower can void by repaying borrowed fiat in time. Fiat money is thus really an aggregate IOU
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