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RT jpmayall: #Article Bitcoin as Validation of the Regression Theorem: An Austrian Synthesis with #Szabo and #Ammous
Author: J. P. Mayall
Abstract
At the intersection of Austrian economics and digital innovation, Bitcoin exemplifies a new form of money that validates classical theories of monetary emergence. This essay synthesizes the views of #Menger, #Mises, #Rothbard, and #Hayek with those of Nick Szabo and #Saifedean Ammous, analyzing Bitcoin as a technological collectible that progresses into sound money through spontaneous order, cryptographic trust, and ideological appeal. Drawing on anthropology, economic history, and game theory, it defends Bitcoin's compliance with the regression theorem and critiques materialist objections by refocusing on subjective value, symbolic utility, and decentralized sovereignty.
Keywords: Austrian School of Economics, Bitcoin, Regression Theorem, Monetary Theory, Cryptocurrency, Game Theory Applications, Subjective Value Theory
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RT jpmayall: #Article Bitcoin as Validation of the Regression Theorem: An Austrian Synthesis with #Szabo and #Ammous
Author: J. P. Mayall
Abstract
At the intersection of Austrian economics and digital innovation, Bitcoin exemplifies a new form of money that validates classical theories of monetary emergence. This essay synthesizes the views of #Menger, #Mises, #Rothbard, and #Hayek with those of Nick Szabo and #Saifedean Ammous, analyzing Bitcoin as a technological collectible that progresses into sound money through spontaneous order, cryptographic trust, and ideological appeal. Drawing on anthropology, economic history, and game theory, it defends Bitcoin's compliance with the regression theorem and critiques materialist objections by refocusing on subjective value, symbolic utility, and decentralized sovereignty.
Keywords: Austrian School of Economics, Bitcoin, Regression Theorem, Monetary Theory, Cryptocurrency, Game Theory Applications, Subjective Value Theory
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Trending Bitcoin
Legendary economist F.A. #Hayek, predicting the future of money in 1984:
"I don't believe we shall have good money until we take it from the government. All we can do is, by a sly, roundabout way, introduce something they can't stop."
This is why we #Bitcoin
#Hayek@TutorialBTC
Legendary economist F.A. #Hayek, predicting the future of money in 1984:
"I don't believe we shall have good money until we take it from the government. All we can do is, by a sly, roundabout way, introduce something they can't stop."
This is why we #Bitcoin
#Hayek@TutorialBTC