The trajectory of modern digital finance is fundamentally shaped by the historical choice to adopt elastic paper money over scarce physical ledgers like the British tally stick, a divergence that normalized inflation as a policy tool rather than a technological impossibility. Had the tally stick’s immutable, debt-backed model evolved directly into the digital age, contemporary currency would likely resemble a decentralized blockchain where money creation is cryptographically tied to real economic activity, rendering arbitrary "printing" and chronic inflation structurally unfeasible. In contrast, the Mongol fiat experiment presaged our current reality of state-controlled Central Bank Digital Currencies (CBDCs) susceptible to unlimited debasement, while the Islamic Hawala system offers a blueprint for private, trust-based settlement networks that bypass central intermediaries entirely. Ultimately, the prevailing inflationary landscape is not an economic law but a legacy of the printing press, suggesting that a alternative digital future prioritizing verifiable scarcity and decentralized trust remains both historically grounded and technologically achievable.
blah, blah, blah nigga can you make this more succinct?
>>538016197>whoah thats more than two sentences>explain in a reel plstiktok brain. fried attention span
>wait one minute>solve 4 annoying captchasno wonder this site is dead with only bots left
>>538016350People who don't or can't read have earned enslavement.
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>Mongol fiat experiment Chinese Song Dynasty invented and had already been using paper money and blown it up way before the mongols conquered China. The Chinese advisors to the Yuan emperor tried to tell him what would happen if the Khan just printed infinite money since they already had experienced it. Of course the tard groid steppe niggers didn’t listen and managed to blow it up way faster than the Song ever did.
>>538015916How is a Tally stick not fiat? It is just a stick with marks on it. It had value because the Sovereign said it had value for the payment of taxes. The issue isn't the medium or method of record keeping. It is the use of credit by unchecked PRIVATE BANKING that is causing the problem and yet you propose even more unchecked PRIVATE BANK CREDIT as the solution. There ARE NO SOLUTIONS. The issue is the tradeoff between easy PRIVATE credit and fast growth and high risk projects based on quarterly earnings (the US model) versus long term State backed Credit for capital intensive projects for slow growth low risk projects (China). So a mixed structured seems to be the best as long you can keep the corruption to a minimum i.e. less Jews=more success. It's not the MONEY. It's the People. The Economy is downstream of the Biology.
Just as dumb as crypto
Crypto, BTC and blockchain are already dying. Nobody cares anymore.
>>538015916this kind of verbosity is very gay
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