BROADCASTS.com

"On the face of it, Bitcoin\u2019s existence seems to violate Mises\u2019s theorem, unless a preceding non-monetary use can be demonstrated. That is, Bitcoin would have to be first valued for its direct utility before it could hold indirect exchange value. So have the criteria been met, or does Bitcoin violate the theorem?" - Emile Phaneuf\n\nYou've inevitably come across the argument that Bitcoin violates Mises's Regression Theorem if you've been in bitcoin long enough, but is this really true? And with the obvious and undeniable emergence of Bitcoin, what can this tell us about Mises's observation, and how it applies with the dynamics of the digital age?"\n\nCheck out the original article at: Mises\u2019s Regression Theorem, Bitcoin, and Subjective Value Theory | AIER (Link: https://tinyurl.com/49udz4pp)\n\nGuest Links\n\n Emile Phaneuf on X\u2060 (Link: https://tinyurl.com/3c87c2tt)\n \u2060Emile Phaneuf on AIER\u2060 (Link: https://tinyurl.com/4w9b5an9)\n \u2060Emilie Phaneuf Website\u2060 (Link: emilephaneuf.com)\n\n\nHost Links\n\n Guy on Nostr (Link: http://tinyurl.com/2xc96ney)\n Guy on X (Link: https://twitter.com/theguyswann)\n Guy on Instagram (Link: https://www.instagram.com/theguyswann/)\n Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)\n Guy on YouTube (Link: https://www.youtube.com/@theguyswann)\n \u2060Bitcoin Audible on X\u2060 (Link: https://twitter.com/BitcoinAudible)\n\n\nCheck out our awesome sponsors!\n\n Get 10% off the COLDCARD with code BITCOINAUDIBLE \u2060\u2060\u2060\u2060\u2060\u2060(Link: bitcoinaudible.com/coldcard\u2060\u2060\u2060\u2060\u2060\u2060)\n Swan: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)\n\n\n\u201cAll rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual acts.\u201d\n~ Ludwig von Mises\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message