In reply to Michael Chan. No Umf needed for this simple ...
as I mentioned in this previous post, I am hearing a lot of self-described Misesians make arguments against Bitcoin that prove far too
My case for bitcoin-as-money relies on the definition of commodity, for something must operate as a commodity with no exchange value (so it only has the subjective value associated with barter ec...
In reply to Ivan Jankovic. What role does taxation play i...
Here's Mises in Human Action : "The regression theorem establishes the fact that no good can be employed for the function of a medium of exchange which at the very beginning of its use for this p...
In reply to Matthew Gilliland. If you are talking to me a...
Proof Positive That Bitcoin is a Bubble. No Regression Theorem, No Gresham's Law, Just Basic Stuff in Simple Language.: http://smilingdavesblog.wordpress.com/2013/10/24/proof-positive-that-bitcoi...
In reply to Smiling Dave. I'm having a hard time parsing ...
In reply to Samson Corwell. That's... extremely inaccurat...
In reply to Smiling Dave. Smiling Dave, your portrayal of...