Unit 1: Bitcoin Economics
What went wrong with money in the past? Why were some goods chosen to become money over others? In this unit, we explore how money serves as a coordination tool for society and how it arises in a bottom-up, spontaneous order. We also explore government intervention in the market for money. We will also discuss monetary history, what makes a good money, and why Bitcoin is well-placed to supersede prior forms of money. We will also talk about deflation and "hoarding", and Bitcoin's environmental impact.
Completing this unit should take you approximately 3 hours.
1.1: How Money Arises and Governmental Intervention in Money
1.2: Critique of Keynesian and Other Mainstream Economics Arguments
Unit 1 Assessment