6 ms·
The reason I expect it'll land in economics textbooks is that the snake oil of the blockchain has provided a very pure marketplace for these bubbles to form, in
by CarelessExpert 5y ago
The reason I expect it'll land in economics textbooks is that the snake oil of the blockchain has provided a very pure marketplace for these bubbles to form, including a complete and visible transaction record. That provides a level of rich data in the context of a natural experiment that researchers normally can only dream about.