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Interesting analysis. More discussion at Quiggin's blog here: http://crookedtimber.org/2013/04/17/bitcoin-the-perfect-bubble/ http://crookedtimber.org/2013/04/1
by flootch 13y ago
Interesting analysis. More discussion at Quiggin's blog here: http://crookedtimber.org/2013/04/17/bitcoin-the-perfect-bubble/ http://crookedtimber.org/2013/04/17/bitcoin-the-perfect-bubb...
- tptacek 13y ago"But John, last week I had x Bitcoin. Today I have x Bitcoin. So value is unchanged. Constant at x Bitcoin. Dollar is volatile though. #ThinkBTC"
- MartinCron 13y agoThat's an optimist's way of looking at it. Look at how strong the USD is against BTC. Things must be great in America!
- bayesianhorse 13y agoThings are great in America, compared to most of the world, actually ;-)
- cperciva 13y ago... which is why we usually compare currencies over time in terms of baskets of goods.
- bct 13y agoThat comment is a reference to another post on the front page of Crooked Timber right now: http://crookedtimber.org/2013/04/17/annals-of-the-gold-standard-medium-of-exchange-store-of-value/ http://crookedtimber.org/2013/04/17/annals-of-the-gold-stand...
- flootch 13y agoNot sure you'll see this, but I am curious, do you ever see a link that has no discussion and that you think deserves a discussion, or you think has the potential for a discussion you would like to read? If so, do you ever attempt to "rescue" them by leaving a somewhat neutral comment of some value?