A money which can be held in only one form, whether digital coin (as in the case of bitcoin), or banknote, or sight deposit, or metallic coin, for example, is crippled. Yet, exclusive digital form has become a huge selling point for the promotors of bitcoin.

Original Article: "Bitcoin, Gold, and the Rush to National Digital Currencies [2]"

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.