5min chapter

The "What is Money?" Show cover image

Why Austrian Economists Didn’t See Bitcoin Coming with Vijay Boyapati (WiM324)

The "What is Money?" Show

CHAPTER

The Importance of Understanding the Causality of Bitcoin

The question of how Bitcoin has any value, it has a price level, is the most important economic question of the last century. The central issue here is what's called the Mises regression theorem. And after 300 plus episodes I still have more questions about this topic than I do answers.

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