What crypto enthusiasts are missing: economic perspective

Discussion in 'Crypto Assets' started by Q.E.D., Sep 29, 2022.

  1. Q.E.D.

    Q.E.D.

    Cryptocurrency as Money—Store of Value or Medium of Exchange?

    https://mises.org/wire/cryptocurrency-money-store-value-or-medium-exchange

    ...

    Unfortunately, an erroneous understanding of the development and functions of money has emerged and become increasingly dominant among at least some proponents of bitcoin—a narrative that is at odds with the basics of Austrian monetary theory.
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    nrstrader and murray t turtle like this.