BitCoin
BitCoin
Some analysis on demand, and then on supply.
A more positive view.
Labels: go on take the money and run, monetary straightjackets
Credibly promising to be irresponsible...since 2004!
BitCoin
Labels: go on take the money and run, monetary straightjackets
2 Comments:
I'm somewhat skeptical, but excited nonetheless. Wresting the money supply from governments is a prize worth taking risks for.
The collusion story is unlikely, as you would need many many many people to agree together to do this. It is a massive collective action problem that also punishes them if they succeed.
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