I've yet to see a treatise done on how crypto is completely outside of any economic thought of the past.
If there is such an animal, would someone please point me to it? TIA
- Has anyone developed a new thesis on this?
- One backbone of Free market ideas is that if there is scarcity, the price increases.
- Another Free market idea is that if someone is successful at thinking up an idea, creating a product and a market...
- that doesn't mean your piece of the pie is going to get smaller,
it simply means the pie is going to get bigger.
- that doesn't mean your piece of the pie is going to get smaller,
I've studied a lot of Ron Paul, Mises, etc. and was a firm believer in their teachings about gold and silver being money.
- Fiat money was nothing but debt.
- I'm still trying to wrap my head around crypto as it pertains to the economy. (Your article is a big help, I'm going to study it a bit more in depth when I have time...)
- It is totally fiat money, which I used to abhor, but it usually has a limit on the total quantity that will be created, so now I kinda have a mancrush on crypto. 🙄
- I'm still trying to wrap my head around crypto as it pertains to the economy. (Your article is a big help, I'm going to study it a bit more in depth when I have time...)
I think I agree with what you are saying in the post.
- People need to get past successful crypto entrepreneurs as making your lil piece of the pie smaller...
- all they are doing is making the pie bigger,
- so your piece stays the same...
- all they are doing is making the pie bigger,
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