26 Dec '12, 10am

Economics of Bitcoin: Response to Hülsmann & Hoppe from PFS 2012 Q&A session day two #odjinud #peníze #bitcoin

Professors Hülsmann and Hoppe answer a question from the audience about Bitcoin around 32 minutes into the video here: http://propertyandfreedom.org/2012/12/day-2-question-answer-session-pfs-2012/ This is a quick response to them. Hülsmann argues: "It's anticipated in the system that under some circumstances you can create more units. So somebody is authorised. Because if you don't, if you just keep the current supply, then you get a very very strong price deflation as soon as Bitcoins spread. So somebody must be authorised to create more I suppose. So somebody has the keys to the whole thing, so which reason do we have to trust those keymasters more then minters of gold coins?" First of all, the production function of Bitcoin is defined as an approximately geometric convergent series. An attempt to produce Bitcoins without fitting into this schema does not, by definition,...

Full article: http://www.economicsofbitcoin.com/2012/12/response-to-hul...

Tweets

Economics of Bitcoin: Response to Hülsmann & Ho...

economicsofbitcoin.com 17 Dec '12, 6pm

Professors Hülsmann and Hoppe answer a question from the audience about Bitcoin around 32 minutes into the video here: htt...

@Lingurin よくある現象

coffee.ajca.or.jp 25 Dec '12, 5am

‚»‚ê‚́AuƒJƒtƒFƒCƒ“‚̐͏ov‚Æ‚¢‚í‚ê‚錻Û‚ÆŽv‚í‚ê‚Ü‚·BƒJƒtƒFƒCƒ“‚ªƒR[ƒq[—±Žq‚Ì•\–Ê‚É”’‚¢jó‚ÌŒ‹»‚Æ‚È‚Á‚ÄŒ»‚ê‚錻Û‚Å...

Bitcoin and Beyond: digital money trends of 2012

paymentssource.com 27 Dec '12, 11am

Bitcoin and Beyond: Digital Money in 2012 It's been a rocky year for digital currencies. Facebook began phasing out its Fa...

Very impressive, made over 30,000 Bitcoin in pr...

satoshidice.com 26 Dec '12, 5pm

SatoshiDice is a subroutine of an advanced artificial intelligence, which arose spontaneously as one of the less-harmful c...

Bitcoin in 2012: By the Numbers

Bitcoin in 2012: By the Numbers

thebitcointrader.com 01 Jan '13, 3am

The number of users of the popular "My Wallet " service provided by blockchain.info has grown nearly exponentially, especi...

@joe606 That was quick, if you're unhappy about a response then or if travel solely zones 1-6

@joe606 That was quick, if you're unhappy about...

londontravelwatch.org.uk 27 Dec '12, 12pm

You are here: Contact us Contact Us Our offices: Address: London TravelWatch, Dexter House, 2 Royal Mint Court, London, EC...

Bet: Current Mt.Gox 2012 high will be broken in...

betsofbitco.in 28 Dec '12, 5am

Current Mt.Gox 2012 high will be broken in Jan 2013 (>15.38$) The Bitcoin price reached its 2012 high of 15.38$ on 2012-08...

Bitcoin in 2012: By the Numbers

news.ycombinator.com 02 Jan '13, 6am

I posted this on /r/bitcoin, but this might be relevant here.It seems Bitcoin is moving from the innovator phase of the te...

Economics of Bitcoin: What am I doing here? via...

economicsofbitcoin.com 17 Dec '12, 6pm

Let me tell you something about me. I want to explain why I started this blog and what I intend to do with it. My primary ...

The Mystery of Bitcoin

The Mystery of Bitcoin

bookofjoe.com 25 Dec '12, 9pm

We're going to be talking a little bit about a virtual crypto currency? I'm really impressed by what they've done and by t...

ビットコインに興味がある方は是非覗いてみてください。 #ビットコイン #bitcoin

weusecoins.jp 27 Dec '12, 11pm

Creative Commons Attribution 3.0 Unported License . This work is based on the original English-language site at

currency controlled by peer-to-peer networks of...

thenational.ae 26 Dec '12, 8pm

What is money? On first glance (and to non-economists) the question can seem simple. It's the stuff in our wallets: we use...

Bitcoin-Central Is Now The World's First Bitcoi...

spectrum.ieee.org 29 Dec '12, 6pm

Last week, Bitcoin-Central, a Bitcoin exchange and storage service provided by the French company, Paymium, made a huge an...

GoWest - Bitcoin in 2012: By the Numbers #bitcoin

bitcoinnews.com 01 Jan '13, 3am

GoWest - Bitcoin in 2012: By the Numbers GoWest (@GoWestBTC ), blogging on TheBitcoinTrader.com, shows some metrics descri...

Celebrating the birthday of one friend and the ...

mealsandmiles.com 01 Jan '13, 8pm

What a wonderful way to send out 2012! Congrats to your friends, Jess & Felipe! There’s something so special about being p...