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Feb 02 2024
Nano: Cutting Our Cost of Living through Currency Design
Read this fantastic article by community contributor 'monram,' exploring the benefits of nano cutting our cost of living.
"If each of us stopped for a few minutes to reflect about our relationship with money in our daily lives, thinking of money itself as a means to cutting our cost of living would hardly cross anyone’s mind. Partly because we’ve been taught to think of shenanigans like inflation as pretty much a given, and partly because we live in a world riddled with rent-seeking middlemen whom, whenever there’s a payment to be made, will come out of the woodwork to try to get their cut.
But what if money could actually be engineered in such a way that it would cut our living costs by letting us bypass debasement, fees, and even borders? What if I told you this form of money already exists and has been in circulation for a few years?"