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31 results for “jimmidyson”
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... "our fiat #money is a #simulacrum. It begins its life as a representation of gold and for a while, it does to various degrees, but once convertibility is suspended, as it did with the dollar 50 years ago, it became a simulacrum, a copy without the #original. The same can be said of altcoins, who are copies of #Bitcoin who retain a semblance of the form (using #blockchains) without the soul (#decentralization)."
#philosophy #baudrillard #economy #money
https://jimmysong.substack.com/p/reality-is-turning-into-simulacra