The author of this essay http://www.lewrockwell.com/2013/12/g...about-bitcoin/http://libertarianstandard.com/2013/...an+Standard%29
Many Turkish businesses will take many monies: dollars, euros, roubles, etc. In Argentina black market exchanges will exchange pesos for dollars or euros, or vice versa.
Are bitcoins money? I concede the regression theorem does not apply http://www.garynorth.com/public/11844.cfm So, no, not money? I suspect the theorem should not be used, but I am yet unable to explain why not.
Many Turkish businesses will take many monies: dollars, euros, roubles, etc. In Argentina black market exchanges will exchange pesos for dollars or euros, or vice versa.
Are bitcoins money? I concede the regression theorem does not apply http://www.garynorth.com/public/11844.cfm So, no, not money? I suspect the theorem should not be used, but I am yet unable to explain why not.
Comment