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Austrian Economics and Cryptocurrencies: Against Fiat and Centralization
Manage episode 485324114 series 3570694
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This story was originally published on HackerNoon at: https://hackernoon.com/austrian-economics-and-cryptocurrencies-against-fiat-and-centralization.
Austrian economists promote free markets, autonomy, sound money, subjective value, and minimal government interference. That actually sounds like crypto.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #cryptocurrency, #austrian-economics, #free-markets, #decentralization, #bitcoin-vs-fiat, #crypto-adoption, #obyte, #good-company, and more.
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Austrian Economics is a school of thought that highlights personal freedom, market-driven decision-making, and the risks of too much government interference in the economy. Cryptocurrencies like Bitcoin and Obyte challenge the idea of central control, support free-market rules, and give users more autonomy.
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