I think this has been posted on every bitcoin discussion so far: http://www.econlib.org/library/Enc/CompetingMoneySupplies.html http://www.econlib.org/library/

I think this has been posted on every bitcoin discussion so far: http://www.econlib.org/library/Enc/CompetingMoneySupplies.html http://www.econlib.org/library/Enc/CompetingMoneySupplies.ht... http://www.econtalk.org/archives/2011/04/andresen_on_bit.html http://www.econtalk.org/archives/2011/04/andresen_on_bit.htm... so here it is again