RE: Cryptocurrency Has To Understand About Building
The problem with people such as von Mises is that his writings and research was done before the Eurodollar system was really known. Plus most economists are not truly immersed in the study of the entire banking system, including the shadows.
So they miss a lot. FIAT is an easy thing to attack but the reality is private bank money dwarfs what is done in fiat. When you look at the Repo markets and international banking system you realize how large it truly is.
The great thing is that it is a system based upon Ledger technology. Cryptocurrency is tied to blockchain, Distributed Ledger Technology. There is a huge opportunity there.
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