Photo credit Jimi Filipovski

How Money Really Works

And why bitcoin won’t solve the fundamental problems

When I was eight or nine years old, I would wash farm equipment for my dad, and he paid me a few dollars. I also used to pick up rocks from our fields for money. (Rocks in fields can really screw up a plow, so someone has to pick them up). I disliked these menial jobs, but I did them without hesitation because doing so was one of the few…

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