15min chapter

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Ep. 196 Stephan Livera Interviews Bob Murphy on the Economics of Bitcoin

Bob Murphy Show

CHAPTER

Bitcoin vs. Gold: The Money Debate

This chapter explores the intrinsic value of Bitcoin compared to gold, focusing on their roles as mediums of exchange within the financial system. The speakers discuss key economic theories, including the Mises regression theorem, and address misconceptions surrounding Bitcoin’s utility and acceptance. Through a comparative analysis, they examine how Bitcoin's unique attributes may position it as a viable currency despite lacking the historical commodity status of gold.

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