Read_470 - Why Does Bitcoin Have Value? [Jeffrey Tucker]

December 08, 2020 01:13:51
Read_470 - Why Does Bitcoin Have Value? [Jeffrey Tucker]
Bitcoin Audible
Read_470 - Why Does Bitcoin Have Value? [Jeffrey Tucker]

Dec 08 2020 | 01:13:51

/

Hosted By

Guy Swann

Show Notes

“What Bitcoin is depends on its use as a means of storing and porting value, which in turn rests on secure titles to ownership of a scarce good.” - Jeffrey Tucker

It can be incredibly difficult to make sense of, and imagine the immense amount of value provided by the Bitcoin system. And so often we conflate the token itself, with the assurances it provides. Clearly they cannot be detached from one another, but what else is there that could explain how, after 10 months at a price of zero, Bitcoin finally achieved a positive valuation? What led to this moment, and does this break Mises's Regression Theorem, or does it actually meet the criteria laid out by the brilliant economist, almost a century later?

Find out in today's awesome read from author and editorial Director of Aier.org, Jeffrey Tucker:
https://www.aier.org/article/why-does-bitcoin-have-value/

A huge thank you to the Bitcoin Audible Sponsors:
Hexa Wallet - Mobile wallet, seedless, batching, custom fees, multiple accounts & more (guyswann.com/Hexa)
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co - The first Free, no-fee exchange & Bitcoin banking services!

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

April 15, 2020 00:46:59
Episode Cover

Read_380 - Choose Your Fiction [Arthur Hayes]

"All I know is the setup for bitcoin, the hardest form of digital money, could not be better. All manners of trust have evaporated....

Listen

Episode

May 31, 2021 00:49:44
Episode Cover

Read_531 - Why Anthropologists are More Interested in Bitcoin than Economists [Mick Morucci]

“At the core of economists’ fallacy is the belief that money is money by decree (because the state and its expert economists say so),...

Listen

Episode

September 10, 2020 00:49:38
Episode Cover

Read_438 - Blockchain Proof of Work is a Decentralized Clock [grisha]

"This explanation rests on illustrating a few interesting properties of how Proof-of-Work is used in the blockchain that are not immediately obvious and sometimes...

Listen