Post by twetch#2854

1SgPtS…9sDs Key · twetch
  1. Interference between the conduit and the contents of
    a communications system is called noise. Noise in the currency makes it impossible to differentiate the signal from the channel.
1SgPtS…9sDs Key · twetch
  1. A volatile market shrinks the time horizons of the economy.
    Gyrating currencies and grasping governments are deadly to the commitments of long-term enterprise.
What the chain says
Block
631 038
Time
2020-04-17T23:00:50Z
Signer
1SgPtSJk3ihzzPKNxqk5o1v3rDbTF9sDs
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#2854

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1SgPtSJk3ihzzPKNxqk5o1v3rDbTF9sDs Verified

Replies (2)

1SgPtS…9sDs Key · twetch
Replying to@1SgPtS…9sDs
  1. Analogous to entropy, profit or loss represents surprising or unexpected outcomes. Analogous to average temperature in thermodynamics, the real interest rate represents the average returns.
1SgPtS…9sDs Key · twetch
Replying to@1SgPtS…9sDs
  1. Velocity is not a constant. Therefore, the effective money supply is not controlled by the central bank but by the free decisions of individuals as they accumulate knowledge.