New money changes relative prices unevenly because early recipients can spend before the monetary expansion fully propagates.
New money changes relative prices unevenly because early recipients can spend before the monetary expansion fully propagates. This coordinate is placed in the wider system through its protocol, economic and historical relationships.
Understanding Cantillon effect helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
Linked to related atlas coordinates
Grounded in a source record
Explains function and trade-offs
Part of the open Bitcoin knowledge graph