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The writings of Ludwig von Mises, a famous Austrian economist from the early 20th century and a hero to Bitcoin believers, are experiencing a surge in popularity after being endorsed by a popular MMA fighter.
Renato “Money” Moicano ranks in the UFC’s top 10 lightweights this weekend after returning to action at UFC 300. Rather than name his next opponent, the Brazilian encouraged the crowd to read Mises’ book in his post-match interview.
“If you care about your damn country, read Ludwig von Mises and the Six Lessons of the Austrian School of Economics, you bastards.” Moicano told the crowd. offensive. But it definitely struck a chord.
Since this fight, at least 26,000 copies of “The Six Lessons” have been published. downloaded Available as a free PDF on Amazon. Several other Mises books also ranked high in the economics section of the site. There were also anecdotal accounts on Twitter of Moicano fans saying Mises’ book had been published. sold out At your local bookstore.
The Austrian School of Economics advocates: Let it happen. It is an approach to economics, free markets, individualism, and a fixed money supply. Many modern proponents of Mises and the Austrian school of thought, such as economist and journalist Peter Schiff, are fans of gold and advocate a return to the gold standard for the US dollar. Unlike Schiff, others are also fans of Bitcoin. This is because digital currencies have a fixed supply, can be freely owned by anyone, and are not managed by a central bank.
Moicano after the game asked To receive a $300,000 battle finish bonus in BTC.
“I like Bitcoin and I like decentralization,” Moicano said. interview Monday on “The MMA Hour” with Ariel Helwani. Moicano said that since he learned about the Austrian economy and Bitcoin, he no longer keeps his money in the bank. This is because the fiat currency in his account loses value over time due to inflation.
“It’s not an investment. It can go up and down every time,” he explained. “But it is better than trusting money backed by politicians and promises. If you don’t have money to buy Bitcoin, learn about money and Bitcoin.”
Moicano on Monday campaigned This is a guest spot on the “Show Me The Money” podcast hosted by “Bitcoin Standard” author and Austrian economist Saifedean Ammous. Podcast host and author answered“With joy!”
A day earlier, former psychology professor turned journalist Jordan Peterson, who hosts Saifedean on his podcast, called Moicano’s posthumous speech “indescribably brilliant.”
“Lethal boxers become profound economic philosophers.” tweeted At that time.