Mischa on Nostr: What I can't understand is why the Austrians think they're even relevant anymore. Von ...
What I can't understand is why the Austrians think they're even relevant anymore. Von Mises wrote about low entropy economics when Bitcoin is zero entropy.
To assume Bitcoin is an Austrian school device is to assume 60 = infinity.
They are a bit sad and cult like. They're like people who buy a motor car in the 1920's, then never use it because they want to complain about horses all day
Published at
2023-02-22 22:00:56Event JSON
{
"id": "d27dcea961231d3e7f311a871933f5474a555e31fd67c160556f58cae684c6d0",
"pubkey": "465b16fe9e812776387b191f92ebb196841105787df66ba44f511db367db4763",
"created_at": 1677103256,
"kind": 1,
"tags": [
[
"e",
"e1c0f5bfc7b207b8b223a2a5e192e508ba40d01e59be14a8154b58b5070df641",
"",
"root"
],
[
"e",
"826ae0122db2b490a3744c15e3c172287159dfcd8929683dbb56e546c1f2ab31",
"",
"reply"
],
[
"p",
"0aac9ee23c6bb40400c985410c5cf2c597dcea292d41cde09f5b035f9fb24153",
"wss://relay.damus.io"
],
[
"p",
"7ecd3fe6353ec4c53672793e81445c2a319ccf0a298a91d77adcfa386b52f30d"
]
],
"content": "What I can't understand is why the Austrians think they're even relevant anymore. Von Mises wrote about low entropy economics when Bitcoin is zero entropy. \nTo assume Bitcoin is an Austrian school device is to assume 60 = infinity.\n\nThey are a bit sad and cult like. They're like people who buy a motor car in the 1920's, then never use it because they want to complain about horses all day",
"sig": "7d6897db16dc985b4cb7992a6ab8e8e79c64151967f8399e10f86c28fa5e57a1bcb99850a83ea232ff0dae071009c4c907948d4897d7a2223455c0af1c5193f9"
}
