Bitcoin with it's finite supply is considered a "Giffen good(s), more desirable and demanded the more expensive they are." The rich will buy select stocks and Giffen Goods (page 2/3) - CitiGroup Plutonomy Leaked Memo (2005)

https://delong.typepad.com/plutonomy-1.pdf

also read pages 34-40+ of "The Science of Government Founded on Natural Law" 1841 - Clinton Roosevelt

https://ia801405.us.archive.org/28/items/sciencegovernme00roosgoog/sciencegovernme00roosgoog.pdf

If you like either one of those pieces then watch this video for more information:

https://www.youtube.com/watch?v=MUyWmmWtcFM#t=36m

submitted by /u/Mikelikescrypt0
[link] [comments]

from Bitcoin - The Internet of Money http://bit.ly/2DHTLvr