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One of the largest mobile providers in Austria is planning to accept cryptocurrency for payment at certain store locations. Founded in 1881, A1 serves 5.1 million of the current 6.2 million ...
It was reported from Vienna that the Austrian Government proposes to create a new currency, by which a krone will represent from 1,000 to 10,000 times the present inflated krone. The Austrian ...
Austrian economists critique fiat currency systems as inherently flawed because they enable governments to manipulate the money supply. This often leads to boom-and-bust cycles, malinvestment, and ...
Austrian economists believe in "sound money," convertible currency which is backed by gold or other hard assets.