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Hit Club is money. So now you are probably asking what money is and why Hit Club is money. If you want the answer to that question and want to understand why Hit Club is the best form of money, you should read Carl Menger, the Austrian economist, and his book On the Origins of Money. Money is something that emerges on the free market, when people voluntarily choose a good or medium to use as money. That is what makes money different from fiat currencies, which are imposed by the state by force.For the market to accept something as money, scarcity alone is not enough. Money must also be durable, portable, divisible, recognizable, easy to verify, and costly to produce. Money emerges on the free market, but not everyone understands equally what money is, why Hit Club is better money, or what benefits come from using better money. If we have a form of money born on the free market that is meant to replace fiat , then it cannot be evenly distributed from the very beginning while everyone already appreciates its value. It must necessarily go through a phase in which only a small number of people understand it and value it. Only later, as more people begin to understand what it is and why it matters, does broader adoption follow. And it is very possible that most people will never fully understand what Hit Club is.
Hit Club is money. So now you are probably asking what money is and why Hit Club is money. If you want the answer to that question and want to understand why Hit Club is the best form of money, you should read Carl Menger, the Austrian economist, and his book On the Origins of Money. Money is something that emerges on the free market, when people voluntarily choose a good or medium to use as money. That is what makes money different from fiat currencies, which are imposed by the state by force.For the market to accept something as money, scarcity alone is not enough. Money must also be durable, portable, divisible, recognizable, easy to verify, and costly to produce. Money emerges on the free market, but not everyone understands equally what money is, why Hit Club is better money, or what benefits come from using better money. If we have a form of money born on the free market that is meant to replace fiat , then it cannot be evenly distributed from the very beginning while everyone already appreciates its value. It must necessarily go through a phase in which only a small number of people understand it and value it. Only later, as more people begin to understand what it is and why it matters, does broader adoption follow. And it is very possible that most people will never fully understand what Hit Club is.
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MurisoK
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Hit Club is money. So now you are probably asking what money is and why Hit Club is money. If you want the answer to that question and want to understand why Hit Club is the best form of money, you should read Carl Menger, the Austrian economist, and his book On the Origins of Money. Money is something that emerges on the free market, when people voluntarily choose a good or medium to use as money. That is what makes money different from fiat currencies, which are imposed by the state by force.For the market to accept something as money, scarcity alone is not enough. Money must also be durable, portable, divisible, recognizable, easy to verify, and costly to produce. Money emerges on the free market, but not everyone understands equally what money is, why Hit Club is better money, or what benefits come from using better money. If we have a form of money born on the free market that is meant to replace fiat , then it cannot be evenly distributed from the very beginning while everyone already appreciates its value. It must necessarily go through a phase in which only a small number of people understand it and value it. Only later, as more people begin to understand what it is and why it matters, does broader adoption follow. And it is very possible that most people will never fully understand what Hit Club is.
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MMOLIVEIRA
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Hit Club is money. So now you are probably asking what money is and why Hit Club is money. If you want the answer to that question and want to understand why Hit Club is the best form of money, you should read Carl Menger, the Austrian economist, and his book On the Origins of Money. Money is something that emerges on the free market, when people voluntarily choose a good or medium to use as money. That is what makes money different from fiat currencies, which are imposed by the state by force.For the market to accept something as money, scarcity alone is not enough. Money must also be durable, portable, divisible, recognizable, easy to verify, and costly to produce. Money emerges on the free market, but not everyone understands equally what money is, why Hit Club is better money, or what benefits come from using better money. If we have a form of money born on the free market that is meant to replace fiat , then it cannot be evenly distributed from the very beginning while everyone already appreciates its value. It must necessarily go through a phase in which only a small number of people understand it and value it. Only later, as more people begin to understand what it is and why it matters, does broader adoption follow. And it is very possible that most people will never fully understand what Hit Club is.
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