Ever since the CEO of Twitter and Square, Jack Dorsey, started appreciating the crypto asset bitcoin, crypto enthusiasts have been following his coattails. However, there are very mixed views about Dorsey because while some people adore him, others are skeptical of his goals as his firm has been accused of mass censorship. Then on August […]
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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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Over the last few years, many have claimed that bitcoin core (BTC) has turned into, or will soon become, a store of value (SoV). Proponents of the BTC-based SoV theory seem to think that money can somehow store value and if it’s held long enough, the price will be higher or predictably useful when spent […]
The post Putting an End to the Bitcoin Store of Value Fallacy 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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Bitcoin Cash’s (BCH) troll slayer Derek Magill is back at it, and this time he’s facing down a pretty fierce opponent. Saifedean Ammous’s The Bitcoin Standard is hardcore maximalist argumentation for the supremacy of bitcoin core (BTC) as a cryptocurrency and world settlement commodity. While good people can differ on Mr. Ammous’s views, the BCH […]
The post The Bitcoin Standard: BCH Troll Slayer Faces BTC’s Angriest Man appeared first on Bitcoin News.
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A mooted Bitcoin Embassy shall be the first of its kind, since an early attempt in New York City, for a bitcoin gathering place. It was American Institute for Economic Research (AIER) Editorial Director Jeffrey Tucker who had a revelation of sorts to establish a Bitcoin Embassy in the United States. The idea is to […]
The post New Bitcoin Embassy Opens in the United States appeared first on Bitcoin News.
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In the run-up to the 2018 November federal elections in the United States, at least three politicians are accepting bitcoin in donation, including an incumbent House member. One hopeful, Austin Petersen, is openly discussing the world’s most popular cryptocurrency’s benefits in his bid to win a US Senate seat. Also read: Tezos Foundation Board Member […]
The post Rise of the Bitcoin Politician: Austin Petersen’s Scrappy Run for US Senate appeared first on Bitcoin News.
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