>The Nobel prize-winner Robert Mundell believes that Gresham's Law could be more accurately rendered, taking care of the reverse, if it were expressed as, "Bad

>The Nobel prize-winner Robert Mundell believes that Gresham's Law could be more accurately rendered, taking care of the reverse, if it were expressed as, "Bad money drives out good if they exchange for the same price." [1] Not attacking your main point, but questioning the correct application of this principle. It seems like it originally was meant to talk about the same resource (a coin made of metal, metal becoming higher price than the coin). It doesn't seem like Bitcoins are intrinsically made of dollars. [1] https://en.wikipedia.org/wiki/Gresham%27s_law https://en.wikipedia.org/wiki/Gresham%27s_law