shutosha on Nostr: That is a good point but Mises was talking about how something becomes money .. it is ...
That is a good point but Mises was talking about how something becomes money .. it is based on real world usefulness ..
Value remains same if the utility is expressed in different form .. for example a dollar is a dollar whether you spend physically in cash or in digital form through credit card ..
Bitcoin has unique opportunity to represent gold in digital form because it truly represents the properties of gold in digital form .. a true qualification to be an Austrian money .. may be Mises was right ..we are missing something obvious !
Published at
2025-02-07 06:27:47Event JSON
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