Peck by Zen Zernanke

1ErJFY…RrW5 Unverified · twetch

Cash is the common language.
Cash is good for measuring the value of all other things.
Physical cash is less than 2% of global wealth.
Checking accounts, savings deposits, and money market funds account for around 1/5 of global wealth.

What the chain says

Transaction: a22ca355ade444f73f2905db69a0a90ea56e17ee326ffdec27b658dc56203195
Block: 959 077
Time: 2026-07-23T07:44:13Z
Signer: 1ErJFY7wBEwvShFothkejAmorD59fZRrW5
App: twetch
Type: post
Content type: text/markdown

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

Signed by 1ErJFY7wBEwvShFothkejAmorD59fZRrW5 Unverified

Replies (1)

Zen Zernanke 2mo

1ErJFY…RrW5 Unverified · twetch

Replying to@1ErJFY…RrW5

Because cash is a proxy, its value depends on the production of real wealth, so don't care too much about cash.
If you want to understand the non-cash part of wealth, look at activities that generate a cash surplus and things that people and companies need for their lives.

294 009 sat

Post by Zen Zernanke

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