Another Sneak Preview of The Bitcoin Standard...

Thirteenth lecture of Principles of Economics explores time preference as the rate at which individuals discount the future, how property rights and hard money reduce uncertainty and lower time preference, enabling saving and investment, and why the progressive lowering of time p ...  عرض المزيد

Twelfth lecture of Principles of Economics explores capitalism as the system of private ownership of capital goods, how free capital markets allocate resources to their most productive uses through profit and loss, why economic calculation requires private property, and why socia ...  عرض المزيد

Gold became money as determined by the free market because of its properties—scarcity. But with the invention of Bitcoin, we are now seeing a historical event that will never be repeated. Bitcoin’s characteristics make it a direct competitor to the central banks because of its ab ...  عرض المزيد