"perhaps the greatest contribution the Bitcoin experiment will make to humankind is to teach you and me and our neighbors more about the realities of economics"

"perhaps the greatest contribution the Bitcoin experiment will make to humankind is to teach you and me and our neighbors more about the realities of economics" I most certainly wish this was the case, however the cycle of booms and busts rarely teach anyone anything. Think about how they were documented in the 1800s, Extraordinary Popular Delusions and the Madness of Crowds specifically, they STILL teach that book in plenty of schools, and yet the same idiots believe this time, things'll be different.