The Denominatorby@cryptohayes
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14,738 reads

The Denominator

by Arthur Hayes18mMay 8th, 2023
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The economics of nightclubs and national banking systems have a lot in common. Absent an agreed upon set of rules on how the cost should be allocated, the conversation as to who pays and how much can get quite heated. A good banking system allows the savings of the citizens to be aggregated and lent out to the government and productive companies.

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Arthur Hayes

Arthur Hayes

@cryptohayes

Arthur Hayes, Co-Founder of 100x

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The code in this story is for educational purposes. The readers are solely responsible for whatever they build with it.

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Arthur Hayes@cryptohayes
Arthur Hayes, Co-Founder of 100x

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