If you don't believe in Austrian economics, you don't deserve Bitcoin,
and you don't deserve Bitcoin, and you don't deserve any crypto!
Hcash is expected to become a global reserve currency.
Austrian economics communities
Frequently Asked Questions
Hcash is a global reserve currency based on the Austrian School of Economics, with
Hayek as its guiding figure and meme.
As is well known, creating a public blockchain and reaching consensus on it is much
harder than spreading consensus on a prosperous ecological public chain. For
example, tokens related to President Trump and the First Lady were launched on
Solana. Hcash follows a similar path. In the early stages, Hcash will release tokens
on public blockchains such as Solana, SUI, and BSC, spreading consensus. In the
future, Hcash plans to develop a strong and advanced public blockchain, eventually
merging the Hcash tokens.
In his work The Denationalization of Money, Austrian economist Hayek argued that the
government monopoly over currency should be broken, allowing private banks and
companies to issue money in order to promote competition and stability. This idea
aligns with Hayek's advocacy for competitive money and provides a theoretical
foundation for cryptocurrencies like Bitcoin. Hcash was created by a group of
Austrian economists with the aim of spreading Austrian economic thought and theory
and establishing a global reserve currency. Therefore, Hcash's advantages are clear.
From theory to practice, Hcash's philosophy is easy to spread and gain acceptance
among the public.
On one hand, Hcash spreads its message through the meme culture inspired by Hayek.
On the other hand, it promotes consensus based on Austrian economics. In the future,
Hcash will collaborate with Austrian economic research institutions in various
countries and regions to promote its ideas, encouraging more Austrian economists to
participate in building the global reserve currency.