New: theoryofmoneyAll contenthive-129948hive-196917krhive-185836hive-183959zzansteemphotographyhive-180932hive-150122hive-101145hive-183397hive-166405hive-144064uncommonlabhive-184714hive-188619bitcoinhive-103599krsuccesshive-193186hive-193637hive-145157hive-180301hive-179660TrendingNewHotLikersnosacapital (48)in bitcoin • 7 years agoBitcoin and the Quantity Theory of Money – Why Bitcoin is UndervaluedIf you were awake in your college economics class you might recall Milton Friedman’s classic theory: The quantity theory of money. Essentially, Friedman argued that the general price level is…