Robert P. Murphy: Bitcoin in the free market

Crypto Voices: Episode 53 Show support appreciated: 35iDYDYqRdN2x6KGcpdV2W1Hy3AjGje9oL Matthew & Fernando interview Bob Murphy, Austrian economist and libertarian theorist. We discuss Bitcoin and money in the free market. Bob is an expert on libertarian theory, money, and macroeconomic issues, coming from the Austrian tradition. We discuss a variety of topics regarding money and bitcoins in the free market. We start with Hayek's "Denationalization of Money," covering currency competition versus government fiat monopoly. We cover the effect of taxes and regulation on "non-monetized" assets today, such as bitcoin and gold. We touch on the "shadow economy." We look at Bitcoin's inflation cap of 21 million, and how that is different than other base monies. We spend some time on fractional-reserve banking, and how fractionalized claims might look on bitcoin (and other monies) in a free market. We also take a brief look at the comparison with the Lightning Network and how other claims could develop on bitcoin. Listen on to learn more. Links for more info: https://twitter.com/BobMurphyEcon http://understandingbitcoin.us https://consultingbyrpm.com https://contrakrugman.com https://lara-murphy.com Hosts: Matthew Mežinskis, Fernando Ulrich Music: New Friend Music newfriendmusic.com/ Site: cryptovoices.com/ Podcast & Information Cryptoeconomics & Liberty Thanks for listening! Show content is not investment advice in any way.