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> There is no traditional way to analyze this investment and figure out its real worth. Is that bitcoin's problem or a traditional economists problem? Behavi
by 21 9y ago
> There is no traditional way to analyze this investment and figure out its real worth.
Is that bitcoin's problem or a traditional economists problem?
Behavioral economics does have frameworks for thinking about bitcoin price, but then again, behavioral finance is not traditional and highly controversial. For once, it dispenses with the myth of the rational investor (homo economicus)
- lalaland1125 9y ago> Behavioral economics does have frameworks for thinking about bitcoin price, but then again, behavioral finance is not traditional and highly controversial. So, how does behavioral economics supply a price for Bitcoin?