EconomicPolicyJournal.com: George Selgin: Bitcoin is Not Money

Sound Money Interview Series: Dr. George Selgin (Bitcoin mentioned around 27:10)

Sound Money Interview Series: Dr. George Selgin (Bitcoin mentioned around 27:10) submitted by Jackten to Bitcoin [link] [comments]

George Selgin on Bitcoin & the Origins of Money

George Selgin on Bitcoin & the Origins of Money submitted by salmayweather to austrian_economics [link] [comments]

George Selgin discusses Bitcoin & the Origins of Money

George Selgin discusses Bitcoin & the Origins of Money submitted by salmayweather to btc [link] [comments]

George Selgin on Bitcoin & the Origins of Money

George Selgin on Bitcoin & the Origins of Money submitted by salmayweather to Libertarian [link] [comments]

George Selgin discusses Bitcoin & the Origins of Money on The Agora

George Selgin discusses Bitcoin & the Origins of Money on The Agora submitted by salmayweather to Anarcho_Capitalism [link] [comments]

George Selgin discuses Bitcoin & the Origins of Money on The Agora

George Selgin discuses Bitcoin & the Origins of Money on The Agora submitted by salmayweather to Bitcoin [link] [comments]

George Selgin on Bitcoin & the Origins of Money

submitted by salmayweather to Economics [link] [comments]

Bitcoin: Boom or Bust? - George Selgin and Diego Zuluaga return to the show to talk about how the capability of bitcoin is still in its infancy

Bitcoin: Boom or Bust? - George Selgin and Diego Zuluaga return to the show to talk about how the capability of bitcoin is still in its infancy submitted by Malthus0 to austrian_economics [link] [comments]

Bitcoin: Boom or Bust? - George Selgin and Diego Zuluaga return to the show to talk about how the capability of bitcoin is still in its infancy

Bitcoin: Boom or Bust? - George Selgin and Diego Zuluaga return to the show to talk about how the capability of bitcoin is still in its infancy submitted by Malthus0 to Bitcoin [link] [comments]

#crypto #cryptonews #bitcoin #"You're playing with fire" - George Selgin of CATO explains Monetary Econ

submitted by PooPoster1 to Cryptoandme [link] [comments]

Bitcoin as Medium of Exchange Debate: Saifedean Ammous vs. George Selgin at Soho Forum

Bitcoin as Medium of Exchange Debate: Saifedean Ammous vs. George Selgin at Soho Forum submitted by afriendofsatoshi to btc [link] [comments]

George Selgin is now required reading for bitcoiners

http://oll.libertyfund.org/titles/selgin-the-theory-of-free-banking-money-supply-under-competitive-note-issue#lf1544_head_007
George starts with examples of how free banking allowed participants to thrive and how times of economic distress were always signaled by restrictions and government created monopolies.
Then he explores a fictionao land Ruritania and goes over the four stages in which free banking would evolve. He shows how this evolution leads to an equilibrium and the equilibrium is Ideal Money.
The system naturally evolves such that a commodity money (gold historically, but obviously bitcoin today since bitcoin broke the money printing monopoly) becomes the settlement and clearing system for major banks.
This shows how fractional reserve banking in a free market is good and leads to Ideal Money using bitcoin
submitted by pokertravis to Bitcoin [link] [comments]

The Nashian Re-Solution to Saifedean’s Bitcoin Standard and George Selgin’s Complaint For an…

The Nashian Re-Solution to Saifedean’s Bitcoin Standard and George Selgin’s Complaint For an… submitted by ArtofBlocks to Bitcoin [link] [comments]

George Selgin explains why the 'no backing' criticism of Bitcoin is wrong

George Selgin explains why the 'no backing' criticism of Bitcoin is wrong submitted by Malthus0 to Bitcoin [link] [comments]

The Nashian Re-Solution to Saifedeans Bitcoin Standard and George Selgins Complaint For an

The Nashian Re-Solution to Saifedeans Bitcoin Standard and George Selgins Complaint For an submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

George Selgin on the history of money & banking (including Bitcoin!)

George Selgin on the history of money & banking (including Bitcoin!) submitted by nutmegstatemedia to austrian_economics [link] [comments]

George Selgin on the history of money & banking (including Bitcoin!)

George Selgin on the history of money & banking (including Bitcoin!) submitted by nutmegstatemedia to Anarcho_Capitalism [link] [comments]

George Selgin on the history of money & banking (including Bitcoin!)

George Selgin on the history of money & banking (including Bitcoin!) submitted by nutmegstatemedia to GoldandBlack [link] [comments]

We should consider Bitcoin, as a (George Selgin defined) commodity money, might be best evolved to have no other utility than settlement

Selgin defines commodity money to be, for example, gold that arises as units of settlement between major banks. I've always argued bitcoin will arise to serve as this effectively replacing gold (or SDR's the IMF uses etc.).
Selgin also notes that as the money tends towards ideal supply through a naturally approached equilibrium process less of the actual commodity is needed and thus it is freed up for other uses.
Gold might be then used for space equipment etc.
But there is seemingly no need or want to structure bitcoin to do this.
What would it matter if the participating banks used 21 million bitcoins or 1 million bitcoins or 500 bitcoins and the rest were used for other purposes other than settlement?
It would also necessary effect the price/value of a bitcoin which is counterproductive to a stable unit of value.
What is also interesting is if we consider this argument then bitcoin is really nothing new in regard to a settlement system, its simply the commodity money Selgin describes.
But the blockchain provides tamper proof security which is a residue left over from the process. It's what is really the new technology and yet it doesn't really add to the utility of bitcoins.
submitted by pokertravis to Bitcoin [link] [comments]

George Selgin on the history of money & banking (including Bitcoin!)

George Selgin on the history of money & banking (including Bitcoin!) submitted by nutmegstatemedia to Libertarian [link] [comments]

George Selgin on the history of money & banking (including Bitcoin!)

George Selgin on the history of money & banking (including Bitcoin!) submitted by nutmegstatemedia to ronpaul [link] [comments]

The Economics Of Bitcoin – Challenging Mises’ Regression Theorem - Prof. George Selgin Responds

The Economics Of Bitcoin – Challenging Mises’ Regression Theorem - Prof. George Selgin Responds submitted by michaelsuede to Bitcoin [link] [comments]

We're going to be stuck with dollars for a long time - George Selgin SLP114 Gene Epstein The Economics and Price of Bitcoin, ICO's, and Cryptocurrencies  Wall Street Analyst Gil Luria A deflação impediria o bitcoin de se tornar moeda? Bringing Faster Payments to People  George Selgin

TL;DR: The author of The Bitcoin Standard, Saifedean Ammous, will argue for bitcoin as a medium of exchange in a debate against The Cato Institute’s George Selgin at the Soho Forum in New York. It will be an odd juxtaposition for Ammous on Monday, August 12th, 2019, who famously urges the hodl, store of value position. Bitcoin: Problems and Prospects George Selgin, Director Center for Monetary and Financial Alternatives The Cato Institute Washington, DC 20005 November 12, 2014 Prepared for Hillsdale University’s 2014 Free Market Forum, Indianapolis, Indiana, October 23-25. !! Hut 8: The Struggles of One of Canada’s Largest Bitcoin Miners. CoinDesk Quarterly Review, Q1 2020. Bitcoin: The Halving and Why It Matters George Selgin. Get the Latest from CoinDesk. Sign George Selgin, Director of the Cato Institute's Center for Monetary and Financial Alternatives, tweets: It can't be said often enough: whatever else may or may not be true about bitcoin, so long as it isn't widely adopted _as a means of payment_, it's neither "money" nor "currency." George Selgin is a senior fellow and director of the Center for Monetary and Financial Alternatives at the Cato Institute and Professor Emeritus of Economics at the University of Georgia.

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We're going to be stuck with dollars for a long time - George Selgin

George Selgin is Director of Cato's Center for Monetary and Financial Alternatives and author of many books about money such Money: Free and Unfree, and Floored. George Selgin is a senior fellow and director of the Center for Monetary and Financial Alternatives at the Cato Institute and Professor Emeritus of Economics at the University of Georgia. Saifedean Ammous recently debated Professor George Selgin at the Soho Forum on the subject of Bitcoin's suitability to replace existing currencies and challenge central banks. We review that ... Financial Inclusion: The Cato Summit on Financial Regulation Spotlight: Bringing Faster Payments to People George Selgin, Director, Center for Monetary and Financial Alternatives, Cato Institute ... We cover the recent run-up in the price of bitcoin, the economics of bitcoin, and the role that governments and regulations will play in this emerging market. ... George Selgin - Duration: 59:13 ...

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