Comment: Regression Theorem

(See in situ)

In reply to comment: FRNs derive their status as (see in situ)

Regression Theorem

Some say that Bitcoin doesn't necessarily violate the regression theorem: https://bitcointalk.org/?topic=583.0

Others say that Mises was wrong: http://mises.org/Community/forums/t/25411.aspx

I'm not sure which I believe yet, but after educating myself on the mechanics of Bitcoin and its amazing properties, I can say that I have no qualms about using it simply BECAUSE of those properties.

Would you buy a car that could never break down if it was made of dark matter and gamma-rays instead of steel?