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Sunday, November 17, 2024

So Long As Bitcoin Is The Noisy Price Story, It Won’t Ever Be Money

Bitcoin in its present, high-profile form cannot be money. About the previous assertion, it should in no way be taken as a knock on crypto more broadly, or private money. Evidence supporting the previous statement can be found in my 2022 book The Money Confusion: How Illiteracy About Currencies and …

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