The Ludwig von Mises Institute is the research and educational center of classical liberalism and the Austrian School of economics. Working in the intellectual ...
After the music-sharing service Napster went under, Niklas Zennström (the creator of Skype) stepped in with his creation called Kazaa, which had no central server that could be shut down. Eventually, such peer-to-peer programs became more numerous, to include Kazaa Lite, eDonkey, eMul...
Many economists and financial commentators believe that in the unregulated market of the internet economy, new forms of money can be created that bypass central-bank and government supervision. The latest development is the emergence of a new electronic means of exchange, Bitcoin (BTC...
Reply AJ Posted: Thu, Jan 31 2013 6:39 AM rated by 0 users The potential future "currency of the internet" zoomed past $20/BTC today, with its market cap about to overtake the all-time high reached in the 2011 bubble top. As the world's most powerful computing network, the p2p transac...
Stumbled upon this post in a Bitcoin article in howtovanish.com : The attitude of the Austrians is very odd behaviour indeed, and as Bitcoin grows, the excuses they don’t give will make it harder for them to explain why they did not get start accepting it sooner. Will they say that Bi...
