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Clash of the Titans with Stephan Livera: the Austrian School of Economics vs. the Keynesian
Dollar Auction Show
Bitcoin: The Privatization of Money
The speaker believes that Bitcoin is like the privatization of money, similar to government auctions in the past. Privatizing industries led to increased tax revenue for governments. The potential productivity increase from Bitcoin could lead to higher taxes, compensating for the lack of control over monetary policy.
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