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I think there are probably a number of things at play, but it is frustrating.
- Boomers
- I wonder if professional economists don't like idiot anons like us telling them what's going on.
- There's probably a strong emotional attachment to years of advocating for gold and it's hard to admit that you're now wrong.
- Lots of people not actually understanding the economics of money, so they just don't know how to handle something like Bitcoin.
Awhile ago, someone write an op-ed on Mises about Bitcoin and Gresham's law and it was absolutely awful. I submitted a rebuttal and never even got a response. So I sent it to Bitcoin Magazine and they published it (also posted on my site):
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why do you think places like mises.org are not very friendly to bitcoin? my impression is that libertarians in general view it with strong skepticism.
I was at a farmer's market recently and there was a guy there who advertised that he accepted some kind of gold-based bills (i think they had gold leaf woven into them or some silliness) and I asked if he would take bitcoin. He said it was a scam.