4 ms·
But it doesn't mean that the bubble is not there. Governments don't create bubbles. Human nature does.
by mads 9y ago
But it doesn't mean that the bubble is not there. Governments don't create bubbles. Human nature does.
- deleted 9y ago[deleted]
- Synaesthesia 9y agoIf you’ve been in bitcoin long enough you’ve seen several boom/bust cycles, so it would hardly be surprising. And it’s auite unpredictable. Suppose the US enacted laws similar to what China just did, it could cause a crash. But I still thing they will always have some value.
- runeks 9y ago> Governments don't create bubbles. Human nature does. And yet, OP just provided evidence of a case where, previously, we assumed a specific asset bubble was caused by "human nature", but in fact it looks like it was created through the government inadvertently creating risk-free speculation in options contracts for this very asset.