ECB: Bitcoin Rooted In Austrian School Of Economics

(Before It's News)

The ECB (European Central Bank) has produced the first official central bank study of the decentralized cryptographic money known as bitcoin. In claiming that “The theoretical roots of Bitcoin can be found in the Austrian school of economics,” the ECB forever linked Bitcoin to the proud economic heritage of Menger, Mises, and Hayek as well as to Austrian business cycle theory.

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