……如果他们对它失去信心的话。但这预设了“卖家”会接受这种货币。而卖家一旦不认，实际上就会彻底搞垮这种货币。我强烈推荐威廉·斯坦利·杰文斯（William Stanley Jevons）的《货币与交换机制》（Money and the Mechanism of Exchange），它至今仍是关于货币的许多思考的基础（约 1880 年）。7. 这怎么就不是庞氏骗局了？https://en.wikipedia.org/wiki/MMM_%28Ponzi_scheme_company%29 （问题也发到了 G+ 上。）
…if they lose faith in it. But this assumes that the _sellers_ will accept the currency. A loss of _seller_ acceptance will in fact torpedo the currency. I strongly recommend William Stanley Jevons, _Money and the Mechanism of Exchange_, which still serves as the foundation of much thinking on money (~1880). 7. How is this not a Ponzi scheme? https://en.wikipedia.org/wiki/MMM_%28Ponzi_scheme_company%29 (Questions also posted to G+.)
……如果他们对它失去信心，速度会更快。但这预设了“卖家”会接受这种货币。而卖家一旦不认，实际上就会彻底搞垮这种货币。我强烈推荐威廉·斯坦利·杰文斯（William Stanley Jevons）的《货币与交换机制》（Money and the Mechanism of Exchange），它至今仍是关于货币的许多思考的基础（约 1880 年）。目前的计划是维持不断增长的签约商户伙伴数量。如果我们的商户伙伴突然自发地停止接受……
…faster if they lose faith in it. But this assumes that the _sellers_ will accept the currency. A loss of _seller_ acceptance will in fact torpedo the currency. I strongly recommend William Stanley Jevons, _Money and the Mechanism of Exchange_, which still serves as the foundation of much thinking on money (~1880). The plan is to maintain a growing number of contracted merchant partners. If our merchant partners spontaneously stopped accepting…
我推荐威廉·斯坦利·杰文斯的《货币与交换机制》（Money and the Mechanism of Exchange），它对货币给出了清晰的基础解释，至今仍是当下许多讨论的根基。尤其是第五章关于货币材料特性的论述，提供了一组至关重要的属性，它们……
I'd suggest William Stanley Jevons, Money and the Mechanism of Exchange for a clear foundational explanation of money, that still underlies much present discussion. Chapter V in particular, on the qualities of the material of money, provides a vital set of properties which…
…asset. Function 4 is debt. Note that debt also needs to have some sense of value, and that effective debt-management systems tend to rely on a stable metric of value. William Stanley Jevons writing in Money and the Mechanism of Exchange (1875)[2] gives seven qualities of the material of money: utility/value, portability, indestructibility, homogeneity, divisibility, stability, and cognizability. By utility, he holds that money must…
…are confused and poorly written. If anyone reading this ever wants to write an article on a new digital currency, please consider beginning your analysis based on Jevon's four properties of money. >In Money and the Mechanism of Exchange (1875), William Stanley Jevons famously analyzed money in terms of four functions: a medium of exchange, a common measure of value (or unit of account), a standard of value (or standard of deferred payment),…
…the characteristics which are desireable of financial vehicles and assets: utility/value, portability, indestructibility, homogeneity, divisibility, stability, cognixability. (William Stanley Jevons, Money and the Mechanism of Exchange https://archive.org/stream/moneyexchange00jevorich#page/n7/m...) And whilst land may not be particularly portable, land ownership is. Other productive assets: metals, grain, productive plant, etc.,…
……如果他们对它失去信心的话。但这预设了“卖家”会接受这种货币。而卖家一旦不认，实际上就会彻底搞垮这种货币。我强烈推荐威廉·斯坦利·杰文斯（William Stanley Jevons）的《货币与交换机制》（Money and the Mechanism of Exchange），它至今仍是关于货币的许多思考的基础（约 1880 年）。7. 这怎么就不是庞氏骗局了？https://en.wikipedia.org/wiki/MMM_%28Ponzi_scheme_company%29 （问题也发到了 G+ 上。）
…if they lose faith in it. But this assumes that the _sellers_ will accept the currency. A loss of _seller_ acceptance will in fact torpedo the currency. I strongly recommend William Stanley Jevons, _Money and the Mechanism of Exchange_, which still serves as the foundation of much thinking on money (~1880). 7. How is this not a Ponzi scheme? https://en.wikipedia.org/wiki/MMM_%28Ponzi_scheme_company%29 (Questions also posted to G+.)
……如果他们对它失去信心，速度会更快。但这预设了“卖家”会接受这种货币。而卖家一旦不认，实际上就会彻底搞垮这种货币。我强烈推荐威廉·斯坦利·杰文斯（William Stanley Jevons）的《货币与交换机制》（Money and the Mechanism of Exchange），它至今仍是关于货币的许多思考的基础（约 1880 年）。目前的计划是维持不断增长的签约商户伙伴数量。如果我们的商户伙伴突然自发地停止接受……
…faster if they lose faith in it. But this assumes that the _sellers_ will accept the currency. A loss of _seller_ acceptance will in fact torpedo the currency. I strongly recommend William Stanley Jevons, _Money and the Mechanism of Exchange_, which still serves as the foundation of much thinking on money (~1880). The plan is to maintain a growing number of contracted merchant partners. If our merchant partners spontaneously stopped accepting…
我推荐威廉·斯坦利·杰文斯的《货币与交换机制》（Money and the Mechanism of Exchange），它对货币给出了清晰的基础解释，至今仍是当下许多讨论的根基。尤其是第五章关于货币材料特性的论述，提供了一组至关重要的属性，它们……
I'd suggest William Stanley Jevons, Money and the Mechanism of Exchange for a clear foundational explanation of money, that still underlies much present discussion. Chapter V in particular, on the qualities of the material of money, provides a vital set of properties which…
……资产。第四项功能是债务。注意，债务也需要具备某种价值感，而且有效的债务管理系统往往依赖于稳定的价值度量标准。威廉·斯坦利·杰文斯在《货币与交换机制》（1875年）[2] 中给出了货币材料的七大品质：效用/价值、便携性、不易毁坏性、同质性、可分割性、稳定性和易识别性。说到效用，他认为货币必须……
…asset. Function 4 is debt. Note that debt also needs to have some sense of value, and that effective debt-management systems tend to rely on a stable metric of value. William Stanley Jevons writing in Money and the Mechanism of Exchange (1875)[2] gives seven qualities of the material of money: utility/value, portability, indestructibility, homogeneity, divisibility, stability, and cognizability. By utility, he holds that money must…
……混乱不堪而且写得极烂。读到这里的各位如果有谁想写一篇关于新型数字货币的文章，请考虑从杰文斯的四大货币属性出发来进行分析。>在《货币与交换机制》（1875年）中，威廉·斯坦利·杰文斯著名地从四种功能剖析了货币：交换媒介、价值的共同尺度（或计价单位）、价值的标准（或延期支付的标准）……
…are confused and poorly written. If anyone reading this ever wants to write an article on a new digital currency, please consider beginning your analysis based on Jevon's four properties of money. >In Money and the Mechanism of Exchange (1875), William Stanley Jevons famously analyzed money in terms of four functions: a medium of exchange, a common measure of value (or unit of account), a standard of value (or standard of deferred payment),…
……金融工具与资产所期望具备的特征：效用/价值、便携性、不易毁坏性、同质性、可分割性、稳定性、易识别性。（威廉·斯坦利·杰文斯，《货币与交换机制》https://archive.org/stream/moneyexchange00jevorich#page/n7/m...）虽然土地本身并不是特别便携，但土地所有权却是便携的。其他生产性资产：金属、谷物、生产性工厂等等……
…the characteristics which are desireable of financial vehicles and assets: utility/value, portability, indestructibility, homogeneity, divisibility, stability, cognixability. (William Stanley Jevons, Money and the Mechanism of Exchange https://archive.org/stream/moneyexchange00jevorich#page/n7/m...) And whilst land may not be particularly portable, land ownership is. Other productive assets: metals, grain, productive plant, etc.,…