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Friedrich Hayek predicts Bitcoin in 1984: I don't believe we should ever have a good money again before we take the thing out of the hands of government. We can't take it violently, all we can do is by some sly roundabout way introduce something they can'

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by COINS NEWS 138 Views

As far as I know of him his main insights on econony seems quite obvious and have been forumlated by others long before him.

(Economic) Centralization resulting in more power and the ability to centralize more...? Both Hobbes and Machiavelli had already discovered that power creates more power, and Montesquie had already established that only power can oppose and divide power without destroying it.

I never quite understand why Hayak got so famous, excpet saying the right thing at the right time in the cold war


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