Did Hayek predict bitcoin?

7 years ago
3

In the spirit of economic greats and bitcoin (celebrating my newly arrived swag from Human-Action.net -- a Hodl Hoodie, Rothbard pin, and Mises pin), I wanted to repost these excerpts from a 1989 interview that Hayek did where he was remarkably prescient about bitcoin.

He says:

"I don't believe we shall ever have a good money again, before we take the thing out of the hands of government. We can't take it violently out of the hands of government. All we can do is by some sly, roundabout way introduce something that they can't stop."

Hayek is the greatest :)

You can watch the full Hayek interview here:
https://www.youtube.com/watch?v=EYhEDxFwFRU&t=12s

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