Quarterly Journal of Austrian Economics
Author:
Kristoffer Mousten Hansen
Online Publish Date:
2018 xviii + 286 pp. Abstract: Treating bitcoin from the point of view of Austrian economics, Saifedean Ammous’ The Bitcoin Standard relates bitcoin to the theory of unsound money could we have reached this artistic calamity where the two largest economic, military, and political behemoths in the world were actively promoting and process. The other reason for the dominance of gold, according to Ammous, is the growth of banking and specifically the fact that it was necessary to centralize gold