It is clear that the problems of Dave's argument are deep and fundamental. His goal, apparently, is to somehow "disprove" Bitcoin. But the goal is irrelevant. Even if his intention was exactly the opposite, or on the other hand, if I agreed with his conclusions, that still does not re...
Ralph Musgrave made a blog post "Lawrence White Tries to Argue for Fractional Reserve Banking " where he criticises some of the arguments made by Lawrence White in testimony on his fractional-reserve banking . I tend to agree with many of the things Ralph wrote, but here I'll concentr...
Philip Pilkington made a post criticising the idea that price deflation is if not beneficial, then at least non-neutral from economic point of view: http://www.nakedcapitalism.com/2012/09/philip-pilkington-the-19th-century-long-depression-how-it-fostered-oligopolistic-capitalism-and-s...
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 ...
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 ...
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 goal is not to persuade others. I just want to find the truth. I want to understand. I'm a selfish persistent bastard who will continue hammering on others disagre...