MAAT 🪶
@templeofmaat
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MAAT 🪶
@templeofmaat
1/ In the fight to preserve purchasing power, it is important that *some* amount of yield is allocated to MAAT's Unit of Account, though not so much that it undermines its stability. The question is, "How much?"
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MAAT 🪶
@templeofmaat
1/ A key inspiration for MAAT is the work of John Nash, who proposed the notion of 'Ideal Money'. Bitcoin has, at times, been put forward as a contender for Ideal Money. However, Nash's main contention is that 'gold-standard' type commodity money is too volatile in price.
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MAAT 🪶
@templeofmaat
MAAT is now listed on register.app 🪶
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MAAT 🪶
@templeofmaat
Time is money. Yet time doesn't move backwards. If Bitcoin is money, why does its price move down? Shouldn't a Store of Value worth $1 today be worth at least $1 tomorrow? What does it say about our industry that our number one, 'risk-off' asset does not function this way?
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