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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Economic Thought, Money & Politics, News

How to Think Straight about Bitcoin’s Social Costs and Benefits

Larry White/March 1, 2022June 19, 2022 /9 Comments

Building a bridge is costly: It takes labor and machinery and raw materials that have alternative uses. Does it follow that building it is a waste? No. Waste occurs when the cost incurred exceeds the benefit attained. Cost greater than zero does not imply cost greater than…

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Bitcoin
Commodity Money, Digital Money, Fiat Money, Financial Markets, News

Has Bitcoin Succeeded?

Larry White/December 23, 2020June 19, 2022 /20 Comments

The answer depends on what you mean. Succeeded at what? With the US dollar price of Bitcoin reaching an all-time high above $23,000 this month, and its market cap reaching an all-time high above $400 billion, there has been much celebration among Bitcoin holders about their success…

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  • Monetary Progress
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About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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