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This is an interesting take on the argument for why 'Bitcoin is inevitable' from Mises in 1932. This essay talks about how the powerful try to plan and organize and collude to maintain control (CBDC's), but free markets create inertia that can't be stopped. Eventually, the powerful must submit to the laws of economics just as they are subject to the laws of nature.
Inevitable doesn't mean we don't continue to build better technology around Bitcoin, orange pill our friends, or fight for freedom of speech and money. It simply means that market forces are very hard to stop, and Bitcoin solves very fundamental market problems. Inertia is on our side.
https://mises.org/library/myth-failure-capitalism Published at
2023-12-11 00:41:28Event JSON
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"content": "https://image.nostr.build/24d45ba958392e3c367404f9f9e6d13be67daa71fcb0e34826dc74c35b1e226f.png\n\nThis is an interesting take on the argument for why 'Bitcoin is inevitable' from Mises in 1932. This essay talks about how the powerful try to plan and organize and collude to maintain control (CBDC's), but free markets create inertia that can't be stopped. Eventually, the powerful must submit to the laws of economics just as they are subject to the laws of nature.\n\nInevitable doesn't mean we don't continue to build better technology around Bitcoin, orange pill our friends, or fight for freedom of speech and money. It simply means that market forces are very hard to stop, and Bitcoin solves very fundamental market problems. Inertia is on our side.\n\nhttps://mises.org/library/myth-failure-capitalism",
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