This community has been created because we think Austrian Economics is not represented in crypto industry and we are missing a huge opportunity.
Why existing tokens do not fit into Austrian Economics currency competition
None of them fits complies the requirements for an Austrian Economics currency competition, for different reasons.
Commodities-backed Stablecoins Lanscape. All Fiat
Below is the list of commodities-backed stablecoins available in the market now.
Commodities-backed Currency Competition as the revolt of the Squeezed Real Economy
We wake up these days with news about farmers unrest across Europe. Back in 2009, when I first heard about cryptocurrencies, I have the expectation that they were coming to boost the Real Economy. The fact is that, after 15 years, just a few tokens in Supply Chain and tokenization, with no real use cases, have been created. And their purpose was, not to become currencies, but instead to become some kind of good identifiers for traceability in their ecosystems.
TODO - The Keynes Hayek debate reloaded
Revamped as technological battle
What qualities should have an Austrian Economics compliant cryptocurrency
There is not consensus between the authors in what a currency is, what are their qualities and funcions. Below is a list of qualities for a currency mentioned in the literature.
Austrian Economics, the economic model of engineers
We run a survey in reddit about the academic background of AE advocates. We organized the backgrounds as described in this web page and the result is shown below. Despite being a minority, engineers are, unsurprisingl, the group with more AE advocates.
Price formation mechanisms for tokens
When we speak about the type of tokens, we are mostly referring to how its price is formed, and maybe maintained, by the token issuer. There are several strategies for price formation. This post aims to provide an overview.
How tokens deliver functions of money
In this post we will review how the different forms of currency are suitable to deliver the functions of money. We will also cover how these money funcions are currently delivered by fiat, what benefits brought the advent of electronic money and finally how CryptoCommodities disrupt on it.