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I don’t remember when I first became aware of bitcoin. I do recall that I have always had a favorable view of it; that is, I had a favorable view of the concept of a cryptocurrency at least in the sense of competing currencies following Hayek (and Rothbard). Nonetheless, I never acted on this view until a few months ago. Herein I discuss my experience very much as a neophyte, and what this perhaps typical experience portends for the future of bitcoin and Bitcoin.The words bitcoin and Bitcoin are used as follows: When the B is capitalized, it represents the … Continue reading →

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