Radically True Money | Principles of Bitcoin Series | Episode 3 (WiM256)
The "What is Money?" Show
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The Price Is Informed by Market Aspects
Each entrepreneur's decision to buy or sell is influenced by prevailing market prices. And in turn, it communicates into the market, the state of economic conditions relevant to him which again, in turn, influences the same decision making of all other entrepreneurs within his market. So this is that dynamic computational system that's constantly allocated resources,. Allocating resources to their highest and best uses at all times.
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