Monday, February 12, 2018

R. G. Hawtrey (and Murray Rothbard) on Bitcoin

Hawtrey writes:
 Bitcoins have no chance of becoming a successful money, much less replacing or displacing the dollar as the most important and widely used money in the world... I think that Bitcoins must sooner or later become worthless...
I have written in the past that I suspect Murray Rothbard's perspective on bitcoin would be negative. Hell, he was against Hayek's proposal for a multi-currency scheme. SEE: Murray Rothbard: Bitcoin is a Crank Scheme.

-RW

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