How do you think currencies are established? By accepting chickens and cows in lieu of legal tender? That’s precisely the meaning of legal tender. This is the exact analogue thereof: information is required as value is required, information and value are required in a mandated standardised form, other forms are rejected a priori.
alt Hacker News
And they send them back.
How do you think currencies are established? By accepting chickens and cows in lieu of legal tender? That’s precisely the meaning of legal tender. This is the exact analogue thereof: information is required as value is required, information and value are required in a mandated standardised form, other forms are rejected a priori.