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Topic: 2013-03-05 Seeking Alpha: Bitcoin Bubble 2.0 - page 2. (Read 2409 times)

legendary
Activity: 980
Merit: 1020
Maybe Regression theorem is just wrong? It's a hypothesis that can be falsified.
zby
legendary
Activity: 1594
Merit: 1001
Quote
Summary:
» Bitcoins can be hyperinflated in substance
» Bitcoins can never be the most saleable good
» Bitcoins cannot account for the regression theorem
» Bitcoins are the equivalent of token money
» Bitcoins are the opposite of anonymous
» The USD price of a bitcoin has been rising in an unsustainable fashion, the only thing missing being a blow-off top

http://seekingalpha.com/instablog/7761841-patrik-korda/1616371-bitcoin-bubble-2-0


Regression theorem is just one hypothesis on how we invented money (the other popular one is money as debt) - but it does not state that this is the only way to create money in a society that has the technologies that we have now.
hero member
Activity: 588
Merit: 500
Quote
Summary:
» Bitcoins can be hyperinflated in substance
» Bitcoins can never be the most saleable good
» Bitcoins cannot account for the regression theorem
» Bitcoins are the equivalent of token money
» Bitcoins are the opposite of anonymous
» The USD price of a bitcoin has been rising in an unsustainable fashion, the only thing missing being a blow-off top

http://seekingalpha.com/instablog/7761841-patrik-korda/1616371-bitcoin-bubble-2-0
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