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Tag: Austrian School of Economics

Bitcoin and its Foundation in Austrian Economics

Category: Bitcoin, Blockchain, Commentary, Cryptocyclopedia

Bitcoin and its Foundation in Austrian Economics

The recently published book “The Bitcoin Standard” by economist Saifedean Ammous makes the case that bitcoin is rooted in the principles of Austrian economics. This view is shared by many bitcoin maximalists who prescribe to this economic school of thought. How Does Bitcoin Fit into Austrian Economic Principles? While Ammous stakes his case on bitcoin’s scarcity, there are many reasons…

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