Join the Mises Circle to look at the economics of the Silk Road, its shutdown, and the future of digital, anonymous marketplaces.
Since 2011, BitPay has been leading the charge to help merchants save money and transact online and in-person more easily, cheaply, and securely by using Bitcoin.
Any visitor to the Mises Circle will quickly recognize that we here see Bitcoin as a revolutionary monetary and payment system. However, Bitcoin is even more than that. Bitcoin solves many interesting problems in cryptography in novel ways. Join us…
Instead of forcing us to abandon the Misesian approach to money, Bitcoin has helped us sharpen our analytical knives and gain a more abstract, praxeological answer to the questions of what money is and how it originates.
In short, the altcoin phenomenon is the product of greed and bounded rationality.
If Bitcoin becomes money, the government’s control of money will have ended.