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Description Michael Goldstein and Pierre Rochard discuss Daniel Krawisz's 2013 article "The Original Value of Bitcoins." Featuring Michael Goldstein: https://x.com/bitstein Pierre Rochard: https://x.com/BitcoinPierre Links & Resources "The Original Value of Bitcoins" by Daniel Krawisz Human Action by Ludwig von Mises The Theory of Money and Credit by Ludwig von Mises "Economics of Bitcoin: is Bitcoin an alternative to fiat currencies and gold?" by Peter Šurda The SNI Mempool Crash Course in Bitcoin Political Economy Support the Show The Satoshi Nakamoto Institute is a qualified 501(c)(3) n...
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Hal Finney was the first person to recognize utility in Satoshi's software. I wouldn't have understood bitcoin's utility back then, but that doesn't mean it had no utility. The man behind RPOW thought it had utility. The fact that your dentist doesn't recognize bitcoin's utility because she can't use it to fill a cavity is moot.
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