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Financial MarketsMoney and Banks
Stephan Livera (@stephanlivera) is an Austro-libertarian writer and host of the Stephan Livera Podcast. Professionally, he is an Australian Chartered Accountant and works as a technology auditor in financial services.
Saleableness, not velocity, is the key to understanding the value of cryptocurrencies.
Money and BanksMoney and Banking
Assessing cryptocurrencies through a framework of "saleableness" may help us understand why some cryptocurrencies are chosen for speculation above others.
Bureaucracy and RegulationMoney and Banks
Money and Banks
Claims that private-money production is too expensive usually ignore the many costs of a government-controlled money system.