vinney on Nostr: I think Bitcoin is actually just all of Austrian economics instantiated in the real ...

I think Bitcoin is actually just all of Austrian economics instantiated in the real world. I mean that literally: Bitcoin is not a physical thing, it is an **idea**. Specifically, it is a constellation of a set of narrow ideas from Menger onwards, instantiated as pure information yet able to perturb our physical reality as if it were A Thing.

It is one of those rare moments that you typically only see in art or spirituality where a pure idea can break the fourth wall into physical reality in a nearly supernatural manner.

I could get on board with this as a religion, since the main characters are Human Action and subjective value - all of it reduceable to easily understood and observable phenomena, yet with an element of ineffable spirit where the worlds collide.