Jeff Deist joins me to discuss Bitcoin and the application of Austrian economics in understanding Bitcoin. Topics:
Market selection of money
The potential for a hard money standard to restrict govt spending
Why Austrian Economists are split on Bitcoin
Why credit would be much tighter under a hard money standard
The deflation and 'hoarding' argument - dispelled
The educational strategy pursued by the Mises Institute
Jeff's recommended Austrian economics books for Bitcoiners
Jeff Deist and Mises Institute links: