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#货币的非国家化 Hayek has been exploring the feasibility of currency being marketable like products and services! Although the government later chose the Keynesian theory of debt-driven economic development (government investment drives the economy, spending money can solve employment and crisis...), he was also squeezed out of the mainstream of economic research at the time, but his ideas and methods give people a kind of thinking and possible imagination from a larger perspective and source! At that time, there was no Bitcoin, a currency that is not monopolized, controlled and used by the state, so no one thought that the content he studied had any possibility of landing, but he has been working tirelessly and deeply on the research of currency non-nationalization! It was not until the emergence of Bitcoin that people saw and gradually understood the value and practical feasibility of his advanced consciousness and thinking. With the 15 years of Bitcoin's self-proving its life and resilience with actions and growth, more and more people pay more and more attention to Bitcoin, and it also promotes people to explore the logic of Hayek's thinking! Who promoted whom, no one can tell clearly! Perhaps if computer technology appeared 20 years earlier, Hayek's ideas and blockchain technology would also bring the application of Bitcoin 10 years earlier! Therefore, this book is very short, but it starts with exploring the causes of inflation and proposes a project of currency denationalization as a hypothesis, and explains the reasons, logic and operational possibilities. Although it is obscure and difficult to understand, the core point is: abolishing the state monopoly on currency issuance and allowing currency to compete in the market like commodities will naturally solve inflation. Any currency issued by any private bank or organization will not lose the market and become a sound currency only if it is stable! Combined with the current achievements of Bitcoin, people have to use this theory to understand the hard-won fruit of Bitcoin and the future expectations, which may also make us hold it more powerful, have stronger faith, and have greater future possibilities! Recommended reading this book, #哈耶克 "Denationalization of Currency"! #好书分享 #美联储何时降息?
#货币的非国家化

Hayek has been exploring the feasibility of currency being marketable like products and services!

Although the government later chose the Keynesian theory of debt-driven economic development (government investment drives the economy, spending money can solve employment and crisis...), he was also squeezed out of the mainstream of economic research at the time, but his ideas and methods give people a kind of thinking and possible imagination from a larger perspective and source!

At that time, there was no Bitcoin, a currency that is not monopolized, controlled and used by the state, so no one thought that the content he studied had any possibility of landing, but he has been working tirelessly and deeply on the research of currency non-nationalization!

It was not until the emergence of Bitcoin that people saw and gradually understood the value and practical feasibility of his advanced consciousness and thinking. With the 15 years of Bitcoin's self-proving its life and resilience with actions and growth, more and more people pay more and more attention to Bitcoin, and it also promotes people to explore the logic of Hayek's thinking!

Who promoted whom, no one can tell clearly! Perhaps if computer technology appeared 20 years earlier, Hayek's ideas and blockchain technology would also bring the application of Bitcoin 10 years earlier!

Therefore, this book is very short, but it starts with exploring the causes of inflation and proposes a project of currency denationalization as a hypothesis, and explains the reasons, logic and operational possibilities. Although it is obscure and difficult to understand, the core point is: abolishing the state monopoly on currency issuance and allowing currency to compete in the market like commodities will naturally solve inflation. Any currency issued by any private bank or organization will not lose the market and become a sound currency only if it is stable!

Combined with the current achievements of Bitcoin, people have to use this theory to understand the hard-won fruit of Bitcoin and the future expectations, which may also make us hold it more powerful, have stronger faith, and have greater future possibilities!

Recommended reading this book, #哈耶克 "Denationalization of Currency"!

#好书分享 #美联储何时降息?
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