Is the idea of a central decision maker for the economy just a problem of gathering all the right information and having the most intelligent in control? Or is there a far more fundamental problem with the entire notion?
Continuing our #Bitcoin economics week, today we dive into a piece on a concept we haven't yet covered. What is the true nature of the knowledge involved in economic activity, and how do we utilize that knowledge to solve the problem of economic organization? A brilliant work by F.A. Hayek and made available by the amazing team over at FEE.org, we cover and expand on Hayek's "Use of Knowledge in Society."
Visit the full piece, and the collection of other great work, economic analysis, news, & more over at fee.org.
https://fee.org/articles/the-use-of-knowledge-in-society/#0
The complete reading of Iterative.Capital's incredible and thorough thesis, "What's Really Driving the Cryptocurrency Phenomenon?" For more excellent research and news in the Bitcoin/Cryptocurrency...
I had an awesome time the other day with Daniel Prince on the new Once BITten Podcast. Diving into some of my own personal...
"As a friend of mine likes to say: Bitcoin is pieces of super-gold flying inside an unstoppable PayPal. It is the best money we...