Published on August 18th, 2015 | by bitcoin0
Quantum Theory of a Value and Money
The answer to this question is that money of any sort has quantum, dualistic properties – analogous to the wave/particle duality of quantum physics – which allow it to be booted up from the ether.
Money objects are unique in that their value is designed to be objectively fixed and stable.
But from a quantum perspective, rather than money being backed by something of monetary value, it is the other way round – market prices emerge dynamically from the use of money.
This process makes sense only when we see money as a quantum, dualistic phenomenon.
Just as bitcoin is revolutionizing money, so we need to update theories of money that were shaped by previous monetary eras of gold standard or state fiat currencies.