Does Bitcoin maximalism fail the test against the economics of Ludwig Von Mises & Charles Menger, both giants of the Austrian school? Have we sacrificed sound money by limiting block space?
For a change of pace, today's read & discussion is on @SallyMayweather's article arguing the inevitable failure of BTC.
http://saltheagorist.blogspot.com/2019/08/the-economics-of-btc-maximalism.html
Don't forget to check out the amazing works of Menger & Mises to learn more:
https://mises.org/library/origins-money-0
https://mises.org/library/principles-economics
https://mises.org/library/theory-money-and-credit
Let me know what you think, and join us in the Cryptoconomy Telegram to discuss with the rest of the crew! Become a supporter on Patreon to get access and also support turning all of the best articles in Bitcoin into audio!
www.patreon.com/thecryptoconomy
"Everyone loves a good origin story. Some are true, some made-up, and some a mix of the two. The true origin story of Bitcoin’s...
Today we have an incredible conversation with Preston Pysh and Greg Foss on the Bond markets, the shifting sands of the global financial world,...
“This makes Lightning Network an absolute game changer for the entire concept of capital markets: income without explicit counterparty default risk.” @timevalueofbtc Don't miss...