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Is Bitcoin Money? Revisiting Mises’ Regression Theorem
25.7.2019
Over 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still sparking hot debate. Namely, what is known as Mises’ Regression Theorem, which claims that in order for something to be money...
Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time
1.6.2019
Following the sentencing of Thomas White, the founder of the Silk Road 2 (SR2) marketplace during the first week of April, another SR2 administrator may evade prosecution. According to reports, SR2 admin Blake Benthall cooperated with global law enforcement and may only face fines for avoiding...
Our Value of Money Is Subjective But That Doesn’t Make It Meaningless
14.5.2019
In my last op-ed, I discussed how the value we place on items and goods is subjective based on Carl Menger’s Subjective Theory of Value and how these concepts apply to people’s perception of value with things like fiat, gold, and bitcoin. The post outlined the idea that money cannot...
[aktualita] Miliardář Carl Icahn se zbavil podílu v Lyftu těsně před jeho vstupem na burzu
4.4.2019
Americký Miliardář a investor Carl Icahn podle deníku The Wall Street Journal prodal těsně před vstupem Lyftu na burzu svůj přibližně tříprocentní podíl ve společnosti, jeho novým vlastníkem se stal George Soros. Důvody prodeje před vstupem na burzu podle WSJ mohou souviset s Icahnovým nesouhlasem...