- What explains Bitcoin? Why does it exist, and why is “nothing” worth $70,000 a piece?
- Moreover, there are millions of owners of Bitcoin and other cryptocurrencies and yet few real transactions take place relatively speaking.
- How does this relate to the coming of a BRICs currency, the reserve status of the petrol-dollar, and the war on cash?
- Mark Thornton discusses Gresham’s Law, one of the most ancient and impactful principles of modern human society.
Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree.
Follow Minor Issues at Mises.org/MinorIssues.
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.
Originally Posted at https://mises.org/
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