Bitcoiners: “Fiat is bad because we abandoned gold backing.”
Also Bitcoiners: “Bitcoin fixes this.”
Me: Bitcoin is backed by what?
You spent years telling everyone that money backed by noth...
POW and Scarcity...Why are rare baseball cards worth a fortune? Rare Oldtimers? Or a Guitar your favorit Rockstar gifts you?! Probably because.....they are rare or even one of a kind.
If you dont get this, you still dont get economics.
But dont you worry...there is a solution:
https://mises.org/library
If you dont get this, you still dont get economics.
But dont you worry...there is a solution:
https://mises.org/library
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