Comment: Well, that's what the bitcoin

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Well, that's what the bitcoin

Well, that's what the bitcoin folks are banking on. Mises says it's not possible, not even conceivable, and I share his opinion. Your question even hints at the issue... $100, $1000... why not $.05 or $1,000,000? Think about the implication of that.

Btw, thanks for the civil discourse. I'm really not anti-bitcoin, I'm just pro-economics. Any actual discussion trying to reconcile what we're observing to what seems to be bullet proof theory is a good discussion.