The Economics of Bitcoin: A Response to “Smiling Dave”

It would appear that, of all regression-based criticisms of Bitcoin, blogger “Smiling Dave” has put forth the most convincing arguments, arguments that I failed to specifically address in my last post. Thus, I would think it is worth going through his criticisms and responding to them specifically. Perhaps the most fundamental criticism Dave puts forth … Continue reading The Economics of Bitcoin: A Response to “Smiling Dave”