Metarepresented Money

Keeping Ownership Decentralized

Money represents a future commodity ownership. However, the only way of keeping this ownership rightful, hence decentralized, is to price commodities in metarepresented money. Any otherwise priced future ownership will not remain rightfully decentralized. This article explains why, by deriving the concepts, first of generic money, then of privately concrete money, and finally of metarepresented money from direct commodity exchange.

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Maybe if I was smarter I could understand that… :stuck_out_tongue:

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I shouldn’t be that hard, just read it carefully…

It was this sentence that was the most intimidating

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