Self-professed financial experts often refer to the Bitcoin price momentum as “tulip mania”. After all, they hope to see this bubble burst before it can put them out of a job. Bitcoin and altcoins are not in a bubble, though, and they aren’t going away anytime soon either. The Tulip is an upcoming ICO which […]
Bitcoin to $1 million? Bitcoin is so scarce that there aren’t enough for every millionaire in the world to own one.
Bitcoin is often referred to as the digital version of gold, due to its global appeal and investor craze. But the Winklevoss Twins, who remain hopeful to launch their Bitcoin ETF soon, think Bitcoin is far better than gold–a bold statement, but so far their instincts have paid off when it comes to cryptocurrency. Bitcoin […]
Hoarding is a problem that has been plaguing the Bitcoin sector for quite some time now. Although a lot of people hold Bitcoin as an investment vehicle, those who are not labeled as investors are not spending their funds like they would spend cash. What is it about Bitcoin that makes people want to hold […]
Here’s Part 1: The Value Foundations of Bitcoin While gritting teeth and shaking hands with Bitcoin is necessary, Austrian economists should flash a toothy smile and embrace it warmly. Bitcoin is, after all, Rothbardian money. I say this because Bitcoin digitally manifests the optimal attributes given to money by Austrian School economist Murray Rothbard. Because […]