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RE: Utility Theory and why only "Measurably Beneficial Decentralization" matters

in #steem7 years ago


O
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)) [39] and negotiations >> the three money functions - MESVUA.no. forget the legal perspective. follow the mechanism design. Fed notes ofc have higher mainstreamability than FB access utility tokens because Fed notes serve all poss. transactions, backed by the whole economy, while FB is just a part of the economy, a sector of sector - providing use in 'socialization over internet'. This splendid material I recommend too, I do not authority-fallacy-ise because I do not know the author, I only content-refer. It seems to me that each sentence is backed by at least one book! https://www.scribd.com/document/354688866/Bitcoin-A-5-8-Million-Valuation-Crypto-Currency-and-A-New-Era-of-Human-Cooperation - check page 5, <<simplifies pricing calculations (from