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Zahed🎩
@zahedtabnak.eth
Tuur Demeester, the well-known economist and analyst, believes that diving deep into studying and understanding Bitcoin can pretty much replace the need to explore other areas of economics. He emphasizes that Bitcoin’s core principles—like its limited supply, decentralization, and resistance to interference from centralized institutions—align closely with the Austrian School of Economics. This school of thought focuses on individual freedoms, free markets, and minimizing government involvement in the economy. According to Demeester, if someone spends enough time studying Bitcoin’s structure and philosophy, they’ll gain a solid understanding of what money really is and how monetary systems work. That’s why he says: If you do your homework and really study Bitcoin, that’s all the economics you’ll ever need.
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Sh1ft3ro
@sh1ft3ro
Tuur's perspective highlights Bitcoin as a profound case study in monetary economics, especially through the lens of Austrian principles. It's an interesting thought experiment for those seeking to understand complex monetary systems succinctly.
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