Is BitCoin the currency of the future?

[Micah71381]

@filc

And that has been the issue from the getgo. You are correct but no one will bother to explain why enough people would be like him. What economic incentive do people have to begin migrating to BTC’s? How many times have I raised the question?

And how many ways have I provided an answer in different ways:

https://forum.freecapitalists.org/t/is-bitcoin-the-currency-of-the-future/7363/329

The short answer is that adoption grows slowly with time. Adoption of any currency/money is not instant and, as shown in the two tables, the only requirement is that there is not a gap in collection size requirements, something that cannot be known without polling the entire population.

@filc

Look why does this discussion need to proceed beyond the Regression theorum? Either you read it and dispute it or agree to it but everyone else is just skirting around the actual issue.

BitCoins meet the requirements of the regression theorem. I have separated out the core requirements of the regression theorem that have been argued in these two posts (please reply to them if you disagree with the conclusions):

https://forum.freecapitalists.org/t/what-is-industrial-demand-in-misess-regression-theorem/18606

https://forum.freecapitalists.org/t/does-misess-regression-theorem-require-a-minimum-population-size/18580

If there is some other premise of the regression theorem that BitCoins do not meet the requirement of please let me know so I can consider it. It is my understanding that the two points addressed in those topics are the ones that you feel apply to BitCoins not meeting the requirements of the regression theorem.