[2016-04-09] Austrian School Economists were Bitcoiners, They Just Didn’t Know

[bitcoin-live.de]

   
Austrian School Economists were Bitcoiners, They Just Didn’t Know It Yet
Since Bitcoin is often equated to and dubbed as “digital gold,” would famous Austrian school economic theorist Ludwig von Mises choose Bitcoin over the world’s favorite precious metal if he were alive...

https://news.bitcoin.com/austrian-school-economists-bitcoin/

[Carlton Banks]

Unless he wanted to renounce his flawed Monetary Regression Theory, I suspect Mises would choose gold. I guess it depends on the parameters of this fantasy scenario: if Mises had been in Generation Y or a "Millenial" (suppressing... the...... irritation..... with.... that..... phrase), he would probably be a Bitcoiner instead. As a baby-boomer, he would be maybe 50/50 gold/bitcoin, but a gen X Mises would probably be broad-minded enough to give up on gold. Smart guy, after all.

There you go everyone, I've probably just spared you a whole 5 minutes by telling you the obvious conclusions lol