Tag Archives: cryptocurrencies
Competing Currencies and Digital Money: How Hayekian Are Cryptocurrencies?

The Government Monopoly on Money – For a Long Time Unquestioned “I do not think that it is an exaggeration to say that history is largely a history of inflation, and usually of inflations engineered by governments and for the gain of governments.” Friedrich August von Hayek It is a truism that monopolies are detrimental…