Price Loses Its Value When Money Loses Its Trust

Price is not an absolute but a relative denomination dependent on the inference of trust. A very applicable quote to the undesirability of all-too-easily and evenly distributed trust in cryptocurrencies.

From a yet to be released presentation, “The need to reinvent Economics” on Feb 20th, 2015. See also Trust is the currency of success.

Let’s lead the world by example with new rigors of excellence we first and successfully apply to ourselves.

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