“technically possible to counterfeit them. Counterfeiting posed an existential danger to the financial system, because it eroded people’s trust in money. If bad actors flooded the market with counterfeit money, the financial system would have collapsed. Yet the financial system managed to protect itself for thousands of years by enacting laws against counterfeiting money. As a result, only a relatively small percentage of money in circulation was forged, and people’s trust in it was maintained.[53] What’s true of counterfeiting money should also be true of counterfeiting humans. If governments took decisive action to protect trust in money, it makes”
―
Nexus: A Brief History of Information Networks from the Stone Age to AI
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Nexus: A Brief History of Information Networks from the Stone Age to AI
by
Yuval Noah Harari41,186 ratings, average rating, 4,437 reviews
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