Raicher
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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Mises Institute
Ludwig von Mises on Money and Inflation
In the 1960s, Ludwig von Mises lectured often on money and inflation. Bettina Bien Greaves was there taking shorthand. She has been working to transcribe them for a very long time. At last the results are here and they are fantastic.To have this work is like…