The Roots of Bitcoin: Merging Minds

This chapter explores the historical intersection of hacker culture and Austrian economics, detailing how figures like Mises and Hayek shaped the theoretical framework for Bitcoin. It contrasts the philosophies of Hayek and Keynes, highlighting Hayek's vision for a free-market monetary system and his struggles against prevailing Keynesian ideas. The narrative illustrates how these economic principles influenced the Cypherpunks and ultimately contributed to the creation of a decentralized currency like Bitcoin.