
E536 - Is Bitcoin Fiat Money?
Published: February 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/HAP536aBob's Study Guide to The Theory of Money and Credit: Mises.org/HAP536bBob's Primer on Bitcoin: Mises.org/HAP536cPoliticians 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...