An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Wednesday, June 2, 2021
JOHN P. KELLEHER - Why Do Bitcoins Have Value?
For all those libertarians who hate fiat money.
Like fiat currencies, Bitcoin is not backed by any physical commodity or precious metal.
Libertarian types love bitcoin. If it's anti-state, it's good.
ReplyDelete“Utility coin”... no authority...
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