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My understanding is that cryptographic token systems are properly taken to be lindy on priors, just like central bank currencies, universes, or any finite span
by akimball 5y ago
My understanding is that cryptographic token systems are properly taken to be lindy on priors, just like central bank currencies, universes, or any finite span process absent model and evidence. It is only on model and evidence that the lindy prior is rationally updated. To make the case that it is not lindy, it suffices to advance a model and calibrate it empirically. The likelihood of the proposal will hinge primarily on the evidence for the model.
- waihtis 5y ago> My understanding is that cryptographic token systems are properly taken to be lindy on priors What priors are there for a "currency" such as bitcoin? Genuine interest, not sarcastic tone here btw.