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The Monetary Case for Bitcoin

The market cap of Bitcoin compared to other national currencies and precious metals. Source:

Bitcoin’s Monetary Properties

Bitcoin Production

Money Production and Externalities

The Supply of Bitcoin

Purchasing Power of the U.S. Dollar (1913–2013). During this period, the USD lost at least 95% of its purchasing power.

Legislating Bitcoin

Social Globalization and Bitcoin

Understanding Bitcoin — The Epistemic Barrier to Bitcoin Adoption

Conclusions — The Emergence of Bitcoin

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