hajisatoshi on Nostr: Day 3: Bitcoin as a Hedge Against Inflation — Mises’ “Crack-Up Boom” & ...
Day 3: Bitcoin as a Hedge Against Inflation — Mises’ “Crack-Up Boom” & Currency Collapse
💡 Key Idea: Bitcoin’s fixed supply and global accessibility make it a refuge from fiat currency debasement, aligning with Ludwig von Mises’ warning about the inevitable collapse of unsound money — the “Crack-Up Boom.”
📜 Austrian Connection: Mises’ “Theory of Money and Credit” explains how unchecked money printing leads to hyperinflation, destroying savings and triggering a flight to real assets (e.g., gold, land). Bitcoin, with its 21 million cap, is engineered to resist this fate — a digital “real asset” for the modern era.
⚡ Why It Matters: Central banks worldwide are testing the limits of fiat systems (see: Argentina, Turkey, Lebanon). Bitcoin’s deflationary design offers an exit ramp from the Cantillon Effect, where elites profit from money creation while the masses bear the inflation tax.
🔍 Food for Thought: In a world of collapsing confidence in fiat, could Bitcoin become the ultimate lifeboat — not just preserving wealth, but redefining what “money” means in a post-central banking era?
🚀 Next Up: Day 4 — “The Cantillon Effect vs. Bitcoin’s Permissionless Access.”
Engage below! 🗨️
#Bitcoin #AustrianEconomics #InflationHedge #Mises
💡 Key Idea: Bitcoin’s fixed supply and global accessibility make it a refuge from fiat currency debasement, aligning with Ludwig von Mises’ warning about the inevitable collapse of unsound money — the “Crack-Up Boom.”
📜 Austrian Connection: Mises’ “Theory of Money and Credit” explains how unchecked money printing leads to hyperinflation, destroying savings and triggering a flight to real assets (e.g., gold, land). Bitcoin, with its 21 million cap, is engineered to resist this fate — a digital “real asset” for the modern era.
⚡ Why It Matters: Central banks worldwide are testing the limits of fiat systems (see: Argentina, Turkey, Lebanon). Bitcoin’s deflationary design offers an exit ramp from the Cantillon Effect, where elites profit from money creation while the masses bear the inflation tax.
🔍 Food for Thought: In a world of collapsing confidence in fiat, could Bitcoin become the ultimate lifeboat — not just preserving wealth, but redefining what “money” means in a post-central banking era?
🚀 Next Up: Day 4 — “The Cantillon Effect vs. Bitcoin’s Permissionless Access.”
Engage below! 🗨️
#Bitcoin #AustrianEconomics #InflationHedge #Mises