“By seemingly enormous coincidence, Satoshi (assuming he was unaware at the time), would have probably been delighted to learn that in Hayek’s same ‘sly roundabout way’ video interview, he held up a copy of The Times newspaper and declared: ‘I read this everyday.’ Great minds think alike.” ~ Emile Phaneuf
“Thomas Friedman declared in his 2005 book The World is Flat, that the world is flat. This “flattening” (or leveling of the playing field, as we might think of it) continues today in radically new ways that Friedman may not have imagined.” ~ Emile Phaneuf
“If value is subjective, and if a medium of exchange is a good like any other, then how can we say that a good could not first be valued by some person somewhere as a medium of exchange rather than for some other purpose beforehand?” ~ Emile Phaneuf III