Viewing a response to: @stephenkendal/bitcoin-usd1k-invested-in-2010-is-now-worth-a-cool-usd12-75m-as-for-a-target-price-pick-your-number
Perfectly true. It behooves us all to learn a lot more about what money is, how it works, how it evolves, where it gets its value and so much more. And we are going to learn that lesson whether we want to or not. Read, study, learn, practice, experiment, meditate on it. Economics is not a dry subject as we tend to suppose, mostly from our schooling. It's totally alive, organic and personal. Austrian economics, takes the mathematical formulas out of it, and yet it uses the same logic as math. Deductive reasoning, extrapolation, imagination and *a priori* understanding. Money is the "Most Tradable Good." It is Trade that is the peaceful way to order society. It prevents conflict and gives rise to the most universal prosperity while overcoming scarcity. Look at the paradigm change: Twenty years ago we became Desktop Publishers, then the capability to Podcast (have our own radio station) then our own TV Network, and now anyone can be their own Bank and create our own currency! Free Banking has returned and it is Big News.
post_id | 2,486,177 |
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author | lyfo |
permlink | re-stephenkendal-bitcoin-usd1k-invested-in-2010-is-now-worth-a-cool-usd12-75m-as-for-a-target-price-pick-your-number-20170426t164703544z |
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created | 2017-04-26 16:47:00 |
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root_title | "BITCOIN: $1k invested in 2010 is now worth a cool $12.75m..!! As for a Target Price, "....pick your number..!!"" |
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