Layered Money
by Nik Bhatia · first published 2021
5mentions
4recommended by
5HN commenters
2021–2025first – last mentioned
80% recommend20% neutral
Affiliate links. As an Amazon Associate I earn from qualifying purchases.
I'd suggest doing more research before commenting about things you don't understand. Layered Money by Nik Bhatia would be a good place to start. The concept of layered system design, especially in money and technology, is not new. Ethereum is an inherently flawed system.
on “Are blockchains decentralized?” ↗Check out Layered Money by Nik Bhatia. He expounds on the different layers of money, Eurodollars being a system of layered money, and how they evolve through time.
on “What is the Eurodollar System? (2020) [pdf]” ↗If you are interested in the topic I can recommend Layered Money by Nik Bhatia [1]. I just finished that and it explains how the different currencies evolved and how where they might go. I'm no currency expert, but it seemed like a good starter book to understand where…
on “The digital pound: A new form of money for households and businesses?” ↗You should read the Bitcoin Standard or Layered Money to get a sense of what money is and how your notions are quite far from the truth, although delivered with feverish confidence. BTC is infinitely divisible, and so can be used as currency. Can you give…
on “Bitcoin Is Time” ↗…have The Labyrinth of Solitude on my reading list, it's not pre-Columbian, but I think it's a cultural touchstone, and it's a Mexican writer, not some American that knows just enough Spanish. I read Layered Money, and it talked about the VoC, but I think that's a few decades after the Dutch Revolt. I'll check it out! If you want a wild story, read about Judah P. Benjamin. He was the descendant of Sephardic Jewish…
on “Byzantine-Sassanian War (602-628 CE): The Last Great War of Antiquity (2023)” ↗