Diving into a great piece by Conner Brown exploring the subjectivity of value, and why Bitcoin's lack of "intrinsic value" is a benefit, not...
"On the face of it, Bitcoin’s existence seems to violate Mises’s theorem, unless a preceding non-monetary use can be demonstrated. That is, Bitcoin would...
"It requires no consensus changes to Bitcoin at all. The trick is lifting all of that logic off-chain and being able to challenge a...