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
"At the end of the day, everyone has to believe in something; might as well believe in something verifiable and unforgeable." - Hass McCook...
LApp #6 called IfpayTTT allows non-programmers to create Lightning-powered services using the IFTTT methodology. Listen to the announcement from @Blockstream to learn more.Link to...
"it clearly involves moral, political and ethical aspects, like the importance of privacy as a human right. I will use the term “darkness” to...