“It would mean you have slid down yet another spot on the scale: https://forum.freecapitalists.org/t/the-path-from-being-austrian-to-being-keynesian/26018”
Where am I now, exactly?
I’ve actually never even looked into the bitcoin debate, I’m not even entirely sure what it is. From the little bit that I know I’m surprised it even attained an initial value. This inherent fluke could cause it to maintain some stable sort of value in the future, but due to what I know of its nature it seems inherently unstable. It might be a case of a currency “latching on” to another currency. This is almost worthless speculation, however.