Is Bitcoin Fiat Money?

Mises Media · Feb 5, 2026

Bob applies Mises’ taxonomy of money and the regression theorem to Bitcoin, asking whether it should be classified as commodity or fiat money and whether Austrian theory really rules out Bitcoin ever becoming money.

Related:

Mises's The Theory of Money and Credit: Mises.org/HAP536a

Bob's Study Guide to The Theory of Money and Credit: Mises.org/HAP536b

Bob's Primer on Bitcoin: Mises.org/HAP536c

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