HOW THE FIAT MONEY SYSTEM EXPLAINS #BITCOIN’S VALUE

Dylan Lawrence Moore of the Volitional Science Network and Nima Mahdjour of EconomicsJunkie.com discuss the “Bitcoin Bubble” and why bitcoin, or any cryptocurrency, has any value.

What is the value of bitcoin and cryptocurrency? What gives it that value?

Is bitcoin an actual currency? Viewed from the lens of Modern Monetary Theory.

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A libertarian and his path away from Austrian economics to #MMT #Bitcoin

I had a great conversation with my friend Steven Grumbine from Real Progressives about MMT, investing, and Bitcoin!

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The Bitcoin Bubble – Why Bitcoin Has Value (An #MMT View)

I had another great conversation with Dylan from The Volitional Science Network about the bitcoin “bubble” and my theory on why bitcoin has value.

I’ve also written about why I think bitcoin ultimately has value.

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Podcast: Discussion on Investing, the Permanent Portfolio, Bitcoin, and More!

I recently had the pleasure to join my friends & fellow Being Libertarian contributors Brandon and Danny for a great conversation about investing, the permanent portfolio, Bitcoin, and so much more:

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Bits and Bigotry

After several embarrassments, Krugman makes another rather sad attempt to cover Bitcoin which according to him “is a digital currency that has value because … well, it’s hard to say exactly why”.

Indeed, he wouldn’t be amongst my favorite economic idiots if his ignorance on the “why” and in fact on the entire protocol, process, and purpose behind mining, were to keep him from boldly declaring that with Bitcoin “we are for some reason digging our way back to the 17th century”.

And just by the by: If someone tries to lecture me on the supposed “barbarism of gold” without showing me that he has had the capacity, rigor, or curiosity to do even the most basic research into the unspeakable and unprecedented genocides, world wars, civil wars, and destruction brought about by fiat money central banking systems, then I cannot possibly take that person serious for even just a second.

What an embarrassment for mankind to still have mental garbage of this kind roaming the web and how beautiful to see Bitcoin slowly but surely push it into complete and total irrelevance.

Just keep diggin’ that pit, Paul.

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