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Comment: I haven't seen any *credible*

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In reply to comment: The Inception of the Currency World (see in situ)

I haven't seen any *credible*

I haven't seen any *credible* Austrian argue that bitcoin satisfies the regression theorem. By credible I mean one who is well versed in Austrian monetary theory, and I do not mean to use the word in a disparaging sense. If you can point me toward such an argument I'd appreciate it - I find the topic very interesting.

Regarding planting a seed that money need not be monopolized by the government, the sentiment is nice but it could backfire if a lot of people get screwed. And that screwing will be a direct result of not understanding what is and is not money. I can see a lot of these people concluding that money *has* to have government backing.