Pennies—or $0.01 in the united states—is a great example of how we attribute value to money, and how fast that value can be removed by human design.
When it mattered to pay the $0.01, you would stop to pick up a penny. Now that pennies are effectively removed from the value chain by decree (by fiat), you wouldn’t even bother to acquire one penny, much less carry any in your pocket.
#bitcoin never has this problem.
modulo
npub1hq…ap4sd
2026-04-14 06:37:35 UTC
Author Public Key
npub1hqva2radggqltaj8n7vqpj9pkddc7lf6cmsuchm3dp4kr52syeqsrap4sdPublished at
2026-04-14 06:37:35 UTCEvent JSON
{
"id": "a10d0114c4b7c85fafef2e015205a2ab00276784810b80481ded9bb23899a1e8",
"pubkey": "b819d50fad4201f5f6479f9800c8a1b35b8f7d3ac6e1cc5f71686b61d1502641",
"created_at": 1776148655,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "Pennies—or $0.01 in the united states—is a great example of how we attribute value to money, and how fast that value can be removed by human design.\n\nWhen it mattered to pay the $0.01, you would stop to pick up a penny. Now that pennies are effectively removed from the value chain by decree (by fiat), you wouldn’t even bother to acquire one penny, much less carry any in your pocket.\n\n#bitcoin never has this problem.",
"sig": "12e1795897e176b53f68cdd64f872376bde4ebaa34c175cf5d9cbd1eecda3ab327d13a8385af9a37b9b4402c3f263fc5a50d80e028563990cc85b04c3230539b"
}