Hal Finney makes a reference to Selgin and free banking in one of his comments on bitcoin talk

update:
https://www.reddit.com/r/Bitcoin/comments/3sb5nj/most_bitcoin_transactions_will_occur_between/

https://bitcointalk.org/index.php?topic=2500.msg34211#msg34211

Dec 2010


Bell_curve

I was just re-reading The Genesis Book last night. Nick Szabo talks about Selgin's theories on free banking. He saw it as an improvement over a central bank, but pointed out the problem that trusted third parties (TTP) still exist. Ultimately he predicted once there was a failure of trust, the system would return to one controlled by a central bank.

econ

Good and Bad Banknotes (Journal of Monetary Economics, Gary Gorton)

denlillaapan

I was just re-reading The Genesis Book last night. Nick Szabo talks about Selgin's theories on free banking. He saw it as an improvement over a central bank, but pointed out the problem that trusted third parties (TTP) still exist. Ultimately he predicted once there was a failure of trust, the system would return to one controlled by a central bank. 