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In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot serve as a store of […]
The post Our Value of Money Is Subjective But That Doesn’t Make It Meaningless appeared first on Bitcoin News.
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September 15, 2018 brings the post-industrial financial world to a ten-year milestone. Lehman Brothers Holdings Inc. was officially shuttered on this day in 2008, rocking the entire planet. The event occurred just 110 days before a revolution its collapse helped to spawn: Bitcoin. A little-known economic philosopher, Ludwig von Mises, tried to warn many years ahead […]
The post A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and Wall Street Worship appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 4 Crypto and the Impossibility of Knowledge in Planning Bitcoin…is better understood using the conceptual lens of the Catallaxy: participants in Bitcoin spontaneously form a decentralized monetary and financial ecosystem, collectively choosing Bitcoin as a medium of exchange and store of […]
The post Wendy McElroy: Crypto and the Impossibility of Knowledge in Planning appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 2. Decentralization is the Core of Crypto Freedom Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has. Always remember that you are absolutely unique. Just like everyone else. […]
The post Wendy McElroy: Decentralization is the Core of Crypto Freedom appeared first on Bitcoin News.
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The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 7: Decentralization Decentralization (Chapter 7, Part 1) A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled […]
The post Wendy McElroy on Decentralization: “Give Power Back to the Individual” appeared first on Bitcoin News.
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