Mises' and Menger’s theories of money provide deep insight, but invariably never attempted to rank the functions of money during its period of establishment....
"The end result was a historical wealth transfer from regular Americans to a handful of billionaires. This wealth transfer, which was heavily premeditated and...
"During the peak transaction fee times over the past month, our example transaction would be dust even for .001 BTC. That’s a little less...