Mining as Money Printing | Mark Thornton | Compass Podcast

Austrian economics – a small, yet growing free market ideology – is often cited as the basis for Bitocin’s supply cap, issuance schedule and proof-of-work consensus mechanism. In this episode of Compass Live, Peterson and Luddy Professor of Austrian Economics and Senior Fellow at the Ludwig von Mises Institute Mark Thornton lays out the argument for Bitcoin as a competitor to fiat money. ✔️ Mark Thornton: https://twitter.com/DrMarkThornton Follow our hosts on Twitter too! ✔️ Zack Voell: https://twitter.com/zackvoell ✔️ Will Foxley: https://twitter.com/wsfoxley Compass hosts livestreams every week on WEDNESDAY and FRIDAY with the leading experts in cryptocurrency mining. Don't miss them! 🔔 Subscribe: https://www.youtube.com/c/CompassMining?sub_confirmation=1 📲 You can LISTEN to audio versions of all livestreams on 🎧 Apple Podcasts (https://apple.co/3fNfrdi), 🎧 Spotify (https://spoti.fi/3tSf9G1), 🎧 Anchor (https://bit.ly/3rmb7UF), 🎧 RSS (https://bit.ly/3chpULV) or anywhere else you get your podcasts! Thanks for watching! 🎥 TIMESTAMPS: -------------------------------------------- 🔎 Learn more about cryptocurrency mining! 💻 Every week, Compass sends a memo to over 14,000 professional miners and investors with the most important news and data in cryptocurrency mining. ✍️ Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD 💰 Mine your own bitcoins with Compass. Start here: https://bit.ly/3CehBf1 ⭐️ Follow Compass socials: Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices