11-14-2021, 07:47 AM
In 1976, economist F. A. Hayek famously argued that the growth of private currencies
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/qszpp7/in_1976_economist_f_a_hayek_famously_argued_that/"> <img src="https://external-preview.redd.it/KhDxR0ggksSN-6I9gtX4Y_VBdtmduJtUY4NmPsgsIDs.jpg?width=640&crop=smart&auto=webp&s=064c4fa4ceafd73abb96d2b70ef57d8b3f3a9f2f" alt="In 1976, economist F. A. Hayek famously argued that the growth of private currencies would diminish the place of government-issued currencies in the economy. He was confident that market competition would supply better-quality money — what he called “good money” — than the state." title="In 1976, economist F. A. Hayek famously argued that the growth of private currencies would diminish the place of government-issued currencies in the economy. He was confident that market competition would supply better-quality money — what he called “good money” — than the state." /> </a> </td><td> submitted by <a href="https://www.reddit.com/user/Jumpman707"> /u/Jumpman707 </a> <br/> <span><a href="https://www.nationalreview.com/2021/11/what-crypto-tells-us-about-our-dysfunctional-monetary-order/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qszpp7/in_1976_economist_f_a_hayek_famously_argued_that/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/qszpp7/in_1976_economist_f_a_hayek_famously_argued_that/"> <img src="https://external-preview.redd.it/KhDxR0ggksSN-6I9gtX4Y_VBdtmduJtUY4NmPsgsIDs.jpg?width=640&crop=smart&auto=webp&s=064c4fa4ceafd73abb96d2b70ef57d8b3f3a9f2f" alt="In 1976, economist F. A. Hayek famously argued that the growth of private currencies would diminish the place of government-issued currencies in the economy. He was confident that market competition would supply better-quality money — what he called “good money” — than the state." title="In 1976, economist F. A. Hayek famously argued that the growth of private currencies would diminish the place of government-issued currencies in the economy. He was confident that market competition would supply better-quality money — what he called “good money” — than the state." /> </a> </td><td> submitted by <a href="https://www.reddit.com/user/Jumpman707"> /u/Jumpman707 </a> <br/> <span><a href="https://www.nationalreview.com/2021/11/what-crypto-tells-us-about-our-dysfunctional-monetary-order/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qszpp7/in_1976_economist_f_a_hayek_famously_argued_that/">[comments]</a></span> </td></tr></table>Kind Regards R