4 ms·
> The more pertinent question would be: What is the probability that at any point in the future nobody will run a node? I'd argue that probability is pretty low
by kqr 5y ago
> The more pertinent question would be: What is the probability that at any point in the future nobody will run a node? I'd argue that probability is pretty low, therefore there will always be some value > 0 for the asset.
I thought Taleb argued that if there's any probability that nobody will run a node in the future -- no matter how low -- the present value ought to be zero.
I'm probably missing some nuance in this argument, though.