Episode
Is Bitcoin Fiat Money?
- Podcast
- The Human Action Podcast
- Published
- Feb 5, 2026
- Processing state
not_requested
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Summary
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 Politicians don’t build prosperity. Entrepreneurs do. Join Keith Smith, Caitlin Long, Ryan McMaken, Per Bylund, and Timothy Terrell for our first event of 2026: Mises.org/HAHC The Mises Institute is giving away 100,000 copies of Hayek for the 21st Century. Get your free copy at Mises.org/HAPodFree