Post
Topic
Board Economics
Re: What is Money?
by
Longmarch
on 13/11/2012, 01:35:54 UTC
Can't you say that Bitcoin's non-monetary value stems from it's relationship to the proof-of-work antispam scheme that first inspired it?  Satoshi saw that proof-of-work tokens could eventually become money, and decided to cut to the chase.


Also, this article is relevant to the subject at hand:

Halloween and Its Candy Economy

Mises Daily: Saturday, October 31, 2009 by Jeffrey A. Tucker
http://mises.org/daily/3834

There's an audio version out there somewhere.  All I can find is the text, though.