|
Title: [2016-06-30] medium.com| Bitcoin: Money or a waste of time? Post by: eye4bd on June 30, 2016, 04:33:50 PM Bitcoin: Money or a waste of time?
Traditional economists have mostly all dismissed Bitcoin as a poor example of money based on a three-part definition: store of value, unit of account and medium of exchange. I just finished a romp through Charles Wheelan’s “naked money” and subsequently but coincidentally jusneth’s article Suitertunity Cost, The Longitudinal Price Paid to Invest in Libertarian Ideology, which both actually relate to each other fairly well.... https://medium.com/@brianhoffman/bitcoin-money-or-a-waste-of-time-321767f2a4c7 |