<oembed><type>rich</type><version>1.0</version><author_name>moonsettler (npub1dg…4mccn)</author_name><author_url>https://nostr.ae/npub1dgesr3zcgyjv2z0050h7auzdlf88gycry7tlk7wsypmgngy97yxqv4mccn</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>my interest in credit money is purely academic at this point and conditional to us figuring out we need an elastic money supply for a real world economy to function.&#xA;&#xA;it&#39;s possible we are going to need it, but we should not capitulate just because scaling ownership without custodians and IOUs is a technical challenge.&#xA;&#xA;If we end up needing it so the wheels keep turning, because we run into a liquidity crunch with base money alone. then we should explore ways that only introduce elasticity and not perpetual debasement!&#xA;&#xA;https://x.com/4moonsettler/status/1892561462750502955</html></oembed>