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220. Austrian Economics & the State with Walker

The Bitcoin Standard Podcast

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Exploring Bitcoin, Austrian Economics, and Subjective Valuation

The chapter follows the speaker's evolution in understanding Bitcoin from skepticism to embracing its fixed supply model in contrast to conventional fiat systems. The narrative delves into the comparison between Austrian and Keynesian economics, emphasizing the former's logical approach. Additionally, the discussion touches on subjective valuation in economics and the limitations of assigning numerical values to all aspects of value.

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