Hayek’s 1984: Rediscovered Footage Shows Austrian Economist Predicting Bitcoin

Born in 1899 in Vienna, Nobel Prize-winning economist F.A. Hayek is a legend of sorts in voluntaryist, libertarian, and crypto-economic circles. Freshly rediscovered video footage of the Austrian School philosopher and social theorist from 1984 is now making the rounds on crypto Twitter. In a stunning soundbite of an already well-known quote, Hayek declares that the only way to return to sound money is to take it out of the hands of government. He goes on to describe in spine-chillingly fortuitous fashion a money that requires no permission, and no central “authority.”

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The Prescience of Hayek

“I don’t believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can’t take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something they can’t…