Sublime

Money is not the coins, or the balances, or even the UTXOs, but the consensus around economic behavior and reality these “tokens” capture.

The fiat standard was born out of the need for governments to manage their de facto default on their gold obligations.

Today government‐approved economics curricula still blame the gold standard for the Great Depression. The same gold standard which produced more than four decades of virtually uninterrupted global growth and prosperity between 1870 and 1914 suddenly stopped working in the 1930s because it wouldn't allow governments to expand their money supply to f

Rothbard’s monetary view has never been put in effect, but actually has an opportunity to prove its viability with bitcoin. Bitcoin with its absolutely limited supply defines the Rothbardian system.

tools like Square Cash will facilitate mass exodus to Bitcoin,

Sound money is a prime factor in determining individual time preference, an enormously important and widely neglected aspect of individual decision making. Time preference refers to the ratio at which individuals value the present compared to the future.