Although I have doubts about Bitcoin (or anything else) displacing fiat, and so often write about possible fiat reforms, I also oppose any government policies that interfere w/ the greatest potential flourishing of Bitcoin and other private-market alternatives to govt currencies.
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Shame on them. But what does it mean to call them my "peers"? I'm a free agent. I don't belong to any school or movement. I am probably closer in many of my fundamental beliefs to Bitcoiners than I am to many of them.
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You are a professional economist, no? Fellow professionals are often called "peers". As for "free agent" -- you work at the DC area Cato Institute, yes or no? You have a boss there, yes or no? And a paycheck that depends on keeping that boss happy, yes or no?
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People with bosses don’t like admitting that their actions are influenced by their boss, even if it’s only subconscious. I say this as a person with a boss, unfortunately.
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It's very obvious that people with bosses are highly influenced and constrained by said bosses. Especially true for political or economic opinions of people working at political or economic think tanks. Yet the preposterous pretense that they are "free agents".
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Having spent three years in DC, I can also report that the "libertarian" think tanks there are strongly influenced by their neighbors who vote about 90% Democrat (or even further left). Go to the same parties etc. Donor money will promote much more liberty in Austin than in DC.
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I'm uncivil with Twitter trolls, but I've been nothing but respectful of Prof Selgin for more than a year of waiting for him to elaborate his criticisms of my book, to no avail. I'm not responsible for what others say to him but he's responsible for not providing his arguments!
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I can't "elaborate criticisms" of your book, Saifedean, because apart from saying (here) that I find it's history of metallic monies is unpersuasive, I criticized it in the first place. I also tweeted a review, commenting on one point it raised-about deflation. 1/
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And my only point then was that the potential harmfulness of deflation isn't something that can be dismissed out of hand in considering the merits of a Bitcoin standard. My reasons for thinking so are ones I've spelled out often. What's left for me to defend?
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Fiat Nobel
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