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: