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Regression theorem

Mises's account of money's purchasing power by tracing today's demand back to yesterday's exchange value and ultimately nonmonetary use.

Mises's account of money's purchasing power by tracing today's demand back to yesterday's exchange value and ultimately nonmonetary use.

Regression theorem is best understood as part of a system rather than as an isolated definition. Its related coordinates show the mechanisms, incentives and historical records that give the term practical meaning.

Regression theorem is an analytical lens, not a slogan or automatic proof that every claim about Bitcoin is correct. Use it to trace scarcity, incentives, prices, time and human choice, then compare the reasoning with the protocol’s verifiable rules.

Understanding Regression theorem helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.

For the clearest picture, read this entry together with Commodity money, Medium of exchange, Purchasing power. The reverse links also lead from Commodity money, Ludwig von Mises, Medium of exchange.

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Linked to related atlas coordinates

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Grounded in a source record

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Explains function and trade-offs

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Part of the open Bitcoin knowledge graph

DOC · 001Ludwig von Mises — The Theory of Money and CreditPrimary
Reviewed 25 July 2026Source-first · No investment advice