Glad to announce that I have now clearly chosen a side on the esoteric debate of whether or not Bitcoin can ever become a money. Thanks to Robert Murphys brilliant yet simple explanation of why the proposition that Bitcoin may become a money in no way contradicts Mises Regression theorem in his new book: Understanding Bitcoin: The Liberty Lovers Guide to the Mechanics and Economics of Crypto-Currency. If you too are perplexed by the question of whether or not Bitcoin CAN become a money, due to regression theorem considerations then turn to page 62 of this book. Hopefully once your concerns are adequately dispelled, you may consume the book in its entirety and become a fan of cryptocurrency and the blockchain technology! I know I am looking forward to learning more about this phenomenon and am very grateful that Bob has once again explained such an otherwise confusing abstract concept so simply and incisively. Download the book for free here, and please donate Bitcoin if you feel this work deserves it (I know I do): understandingbitcoin.us/
Posted on: Mon, 15 Dec 2014 21:59:52 +0000
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