Replying to Avatar The Ben Gunn

Bitcoin is no exception to Mises regression theory, that argues good money requires a base utility purpose, it requires a commodity use.

But Bitcoin IS a commodity.

Bitcoins are the only material that the Bitcoin network accepts to publish data on the timechain. It is first a substance that is used to log entries on that database, and secondarily, but more commonly used as money.

Mises dudes can't see that.

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a source familiar with the matter 1y ago

Lots of Mises Institute folks are (mistakenly) supportive of Bitcoin

Bitcoins are not a material

They are an accounting fiction only

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