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RE: American Economist Accurately Predicted Bitcoin’s Rise Back in 1999
When thinking about Bitcoin, I go back many times to an article of Peter Warburton from 2001. He discusses, amongst others, the search for a stable numeraire. Something to which other things can be compared in terms of value (and ths numeraire not being the US Dollar).
If I read it right now and consider the advent of Bitcoin, it all makes perfect sense. Bitcoin as a digital Gold standard.