In gold's monetization process, the feedback loop described by Menger (while referencing to John Law who described it first), resulted in gold, on the margin, becoming less useful for small txs, why regular people later often dealt with silver or copper.
What the chain says
- Block
- 636 726
- Time
- 2020-05-27T07:53:25Z
- Signer
- 1CtfHjRxn4UzNinEgUJgCCSV98yAZ6zVrZ
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#24100
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1CtfHjRxn4UzNinEgUJgCCSV98yAZ6zVrZ Verified