Austrian answers to some common Bitcoin questions: 'Why buy a house when it makes more sense to buy bitcoin and rent a place?' Because some people like to live in their own house for their own reasons. 'Why buy anything with an appreciating currency when it will be cheaper in the future?' Because people want things for survival, sustenance, leisure and comfort. Some things they will want now while others they will want later. Nevertheless, people will want things. 'Why invest in a business when the money you hold will likely outperform it?' Because someone else might value the money you hold more than you and is willing to take it off your hands in exchange for the promise of paying the difference. 'Why would anyone work or produce anything at all or want to own anything if money just keeps appreciating?' Because production requires capital, energy, time, resources and land. The more scarce these things are, conflicts occur. To do anything at all, people need to agree upon norms of ownership.

😂😂😂

Some links to check out if you want to explore Austrian economics from first principles: Books, treatises and essays on the same topic which you can download for free: https://mises.org/library/book/ultimate-foundation-economic-science https://mises.org/mises-review/logic-action-murray-rothbard https://mises.org/mises-wire/praxeology-and-mathematical-logic https://mises.org/library/book/man-economy-and-state-power-and-market https://mises.org/library/book/economic-science-and-austrian-method https://mises.org/library/book/epistemological-problems-economics https://mises.org/library/book/human-action https://mises.org/mises-wire/intellectual-poverty-racial-polylogism https://mises.org/library/book/theory-and-history-interpretation-social-and-economic-evolution

The sooner in life one gets rid of egalitarian fantasies, the more at peace one will be

'Free market economists are accused of being apologists for big business. I think we're only apologists for their activities on the market, not their activities in the government.' - Rothbard (Paraphrased) Source:

No state is the best state. To think otherwise is delusional.

Goodness me. War really is the health of the state. 'Endless cycle of vengeance and death with no defendants'

Saylor mentioned the SEC act of 1933 in the US to make a point and for some reason I was thinking to myself, 'Hey wait a sec he sounds a bit Rothbardian here'. Then in a few minutes he actually cites his book 'Conceived in Liberty' to further clarify a similar point.

Become resistant to propaganda

Bitcoin++ Mempool edition is live: https://www.youtube.com/live/EKQvDfmQkt8 Agenda: https://btcpp.dev/conf/atx25#agenda Streams of other stages are also up on their YouTube channel.