Saifedean Ammous: The Bitcoin Standard
Crypto Voices
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Bitcoin and the Regression Theorem
The Bank of International Settments said that Bitcoin could never be money nor could it scale. They just reject the possibility of a digital good becoming money. I think Austrians need to focus on this aspect of it which is that Bitcoin the test of the market the voluntary market has chosen to have bitcoins valued in the thousands of dollars each. That's you know that's the market test. If you don't value it yourself that doesn't matter but people do value it and you have to admit that it works in that sense. But my next question to you is I don't know if you've read the recent piece by the BIS where they criticized cryptocurrencies.
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