Michael Milano

Michael Milano is an entrepreneur in the midst of penning his first novel. He earned his PhD from The Ohio State University. His areas of interest include Austrian economics, crypto-assets, evolutionary biology, and stoicism.

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From Livestock to Bitcoin: "Legitimacy" and the Evolution of Money

Money and Banks

07/17/2021Mises MediaMichael Milano

Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream.

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From Livestock to Bitcoin: "Legitimacy" and the Evolution of Money

Money and Banks

Blog07/07/2021Michael Milano

Without money, specialization is constrained; without money, dreams of constructing an advanced society are merely a utopian pipe dream.

Let's Level the Playing Field between the Dollar and Competing Currencies

Money and Banks

05/27/2021Mises MediaMichael Milano

Thanks to so many government restrictions on the use of potential monies that aren’t the dollar, we can only guess as to what the relationship between dollars and bitcoin would be in a functioning marketplace. But it doesn't have to be that way.

Why Fungibility Is Important in Understanding Money and Crypto

Money and Banks

05/20/2021Mises MediaMichael Milano

One of the most in-demand aspects of physical cash is that it is totally fungible. Every dollar is the same as every dollar. But cryptocurrencies can leave a digital trail which may lead to later problems in fungibility.