SINCE the creation of Bitcoin ushered in the cryptocurrency era almost 15 years ago, perhaps no other asset class has generated so much dispute about its inherent value. As major financial firms start rolling out digital-asset products for the masses, that debate is taking on new significance. DWS Group, the $900 billion German asset manager
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But once a commodity is established as a money on the market, no more money at all is needed. Murray Rothbard, Taking Money Back The Fed’s distinguishing characteristic is its grant of privilege to buy assets with money it doesn’t have.