cryptocurrencies
Cryptocurrency

Hayek’s new money idea, and Bitcoin’s creation: What they can’t stop

Friedrich Hayek was a well-known economist of the Austrian School, and the author of several important works, including ‘Law, Language and Liberty’, a multi-volume edition that carries important ideas on the evolution of social institutions. The basic premise of his ideas is that laws, language, morals, and other such social phenomenon, are natural and spontaneous…

Why Warren Buffet is highly skeptical of Bitcoin?

Warren Buffet has always been skeptical of the bitcoin cryptocurrency. But the billionaire investor had his most harsh words yet for the cryptocurrency over the weekend.  Buffet made it clear that his opposition to crypto has nothing to do with whether people can make money trading bitcoin. Instead, Buffett’s opposition is purely on principle because…