Bitcoin

Archive for Bitcoin

Potpourri

==> Josie the Outlaw saunters into town, and lays her gold piece on the bar countertop. When the sheriff shows up, I hope he’s articulate and has really thought through his life choices. ==> More Bitcoin battling. Gary North is skeptical, Jeff Tucker is enthusiastic, and Roger Ver is loaded. ==> I’m a big Glenn […]

Potpourri

==> The erudite von Pepe notified me that John Taylor has been blogging about Summers/Krugman as well; here’s a good example. ==> Here’s me with Tom Woods talking on this topic. ==> Speaking of Summers/Krugman, apparently the Onion anticipated their stance. ==> Mark Spitznagel is not on the Bitcoin bandwagon. ==> Danny Sanchez has a […]

Why Misesians Need to Tread Cautiously When Disparaging Bitcoin

In my EconLib article on Bitcoin, I wrote: Some critics rely on the work of Ludwig von Mises and his “regression theorem” to argue that the world will never embrace Bitcoin as a true money. According to this argument, Mises demonstrated that all money—even today’s fiat money—must have been, at some point in the past, linked […]

My EconLib Article on Bitcoin

At EconLib I have an article on Bitcoin. The first half is based on the article I already posted here with Silas Barta, but the second half has new stuff, sure to enrage half of you: Economically, the chief attraction of Bitcoin is its mathematically guaranteed scarcity. Even a pure commodity like gold could eventually […]

Potpourri

==> Not sure if I even mentioned it here, because the main event sold out…but anyway I will be at the “Anarchy in the NYC” event this Saturday. Afterward there is a karaoke party hosted by Tatiana Moroz, but you need a ticket to get in. (I am now calling myself a professional singer for […]

Bitcoin From an Austro-Libertarian Perspective, Part I

[NOTE: If my memory is right, two or three years ago Chris Brunner encouraged me to write an article on Bitcoin since it was getting popular. I started an article, intending Chris and Silas Barta to be co-authors, since both of them had expertise in certain areas (Chris from a network / commercial point of […]

Bitcoin Crash in Real Time

This is kind of neat, though I have to disagree when the guy at one point says, “This is the biggest story of all time.” (And he’s not saying it tongue-in-cheek.) I got the link from Justin Ptak’s blog post over at Mises. I gather from the comments that Justin has been critical of Bitcoin. […]