Read_813 - Mises's Regression Theorem, Bitcoin, and Subjective Value

April 15, 2024 00:59:03
Read_813 - Mises's Regression Theorem, Bitcoin, and Subjective Value
Bitcoin Audible
Read_813 - Mises's Regression Theorem, Bitcoin, and Subjective Value

Apr 15 2024 | 00:59:03

/

Hosted By

Guy Swann

Show Notes

"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 have to be first valued for its direct utility before it could hold indirect exchange value. So have the criteria been met, or does Bitcoin violate the theorem?" - Emile Phaneuf


You've inevitably come across the argument that Bitcoin violates Mises's Regression Theorem if you've been in bitcoin long enough, but is this really true? And with the obvious and undeniable emergence of Bitcoin, what can this tell us about Mises's observation, and how it applies with the dynamics of the digital age?"


Check out the original article at: Mises’s Regression Theorem, Bitcoin, and Subjective Value Theory | AIER (Link: https://tinyurl.com/49udz4pp)


Guest Links


Host Links


Check out our awesome sponsors!


“All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.”

~ Ludwig von Mises

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

Other Episodes

Episode

July 01, 2021 00:53:09
Episode Cover

Read_539 - The Theological Conquest of Money [Erik Cason]

"Bitcoin over the last ten years has create a single global movement that is loyal to no nation-state, no government, no military anywhere on...

Listen

Episode

March 19, 2018 00:23:30
Episode Cover

CryptoQuikRead_027 - The Barely Discussed, Incredible Benefit of the Lightning Network

With the Lightning Network finally being realized in the wild, its time to revisit some of the incredible benefits that get lost in the...

Listen

Episode

April 22, 2021 00:56:00
Episode Cover

Read_519 - The Key to an Abundant, Clean Energy Future [Square & ARKinvest]

"Bitcoin miners are unique energy buyers in that they offer highly flexible and easily interruptible load, provide payout in a globally liquid cryptocurrency, and...

Listen