Without Mises, there would've been no Hayek.
Without Hayek, there would've been no Bitcoin.
For lack of a better term, "credit" where it's due.
#IdeasHaveConsequences
Without Mises, there would've been no Hayek.
Without Hayek, there would've been no Bitcoin.
For lack of a better term, "credit" where it's due.
#IdeasHaveConsequences
It amazes me how little interest the Mises Institute and Austrian Economists generally have in Bitcoin.
It is the single most consequential thing to ever materialise from the Austrian school but many are too stuck in their theory to appreciate what Hayek’s work helped unleash on the world.