ᒍEᔕᑭEᖇ 丰⚡₿ Jan/3➞₿🔑∎ on Nostr: "What is needed for a sound expansion of production is additional capital goods, not ...

"What is needed for a sound expansion of production is additional capital goods, not money or fiduciary media. The credit boom is built on the sands of banknotes and deposits. It must collapse." - Ludwig von Mises, Austrian School of Economist.

I wish that Carl Menger, Ludwig von Mises, Friedrich August von Hayek and Murray Rothbard get to see Bitcoin today and how it actually works according to their theories and principles. Because of these guys, I learn why Bitcoin is so important and it becomes the "sly roundabout way" where governments can't stop.