- From Bitcoin is Venice.
- Capital is entirely subjective. We call capital that which we use in the offices if creating a good.
- Milk may be a beverage, but it can also be capital which we can use to produce a cake which will satisfy our hunger. Capital is thus an abstract idea we superimpose in reality to describe things which have subjectively useful potential energy.
- It is worth being as clear as possible that money is not capital. Money is the right to time entirely in general. It is liquid and fungible. Capital is time that has been crystallized towards a specific end. It is illiquid and nonfungible.