Post AxzHLsfQQsDO37FAW0 by e0921d610ee655396cfac6c9907b6ad11f3a1dde5770029e1284e6cae0fe7bd5@mostr.pub
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(DIR) Post #AxzHLsfQQsDO37FAW0 by e0921d610ee655396cfac6c9907b6ad11f3a1dde5770029e1284e6cae0fe7bd5@mostr.pub
2025-09-08T05:25:57.000Z
1 likes, 0 repeats
I’ve noticed that many Muslim critics of Bitcoin, especially maximalism, seem more upset with our grounding in Austrian economics than with Bitcoin itself. It’s odd really. Why treat it like a scandal that someone studies an economics discipline built on a priori axioms of human action?Is it really so offensive to assert something as basic as Hoppe’s formulation in Democracy:"Human action is an actor's purposeful pursuit of valued ends with scarce means. No one can purposefully not act. Every action is aimed at improving the actor's subjective well-being above what it otherwise would have been. A larger quantity of a good is valued more highly than a smaller quantity of the same good. Satisfaction earlier is preferred over satisfaction later. Production must precede consumption."I honestly don’t get it. Why would anyone be appalled by this framework for thinking about economics? It’s such a strange hill to die on for critics of Muslim Bitcoiners.