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SLP354 Josef Tetek - Why is Bitcoin HODLing rational?

Stephan Livera Podcast

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Bitcoin and Austrian Economics - What Is the Connection?

New to bit coin? What are some of the kay ideas to understand there? Let's say somebody is new, they trig to listen, learn a bit about becoin. What is that connection? All right, so one of my old time favorite articles in economics is hix, the use of knowledge in society. And h who was a part of this austrian tradition, pointed out that prices, or the price system, is like a knowledge sharing network. If the medium itself isn't, like neutral, and isn't subject to intervention by the government, by price controls, or by the centra bank, by assurance of credit then the signal gets polluted with noise.

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