Bitcoin explained by the Economist : Economics

Steven Mnuchin explains why nearly $1.5 trillion worth of $100 bills reportedly disappeared... How can bankers, economists, and politician vilify Bitcoin, when you see headlines like this

Steven Mnuchin explains why nearly $1.5 trillion worth of $100 bills reportedly disappeared... How can bankers, economists, and politician vilify Bitcoin, when you see headlines like this submitted by the420chronicler to Bitcoin [link] [comments]

Bitcoin explained by the Economist

submitted by vladdione to Economics [link] [comments]

Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely

submitted by Lalapancakes89 to Economics [link] [comments]

Bitcoin market update: JPMorgan’s economist explained what holds Bitcoin back

submitted by leftok to atbitcoin [link] [comments]

Economist George Gilder explains Bitcoin SV’s growing success without even referring to it

Economist George Gilder explains Bitcoin SV’s growing success without even referring to it submitted by n4bb to CoinPath [link] [comments]

Economist in r/bitcoins explains why other economists are wrong about bitcoins

submitted by ShrekisSexy to badeconomics [link] [comments]

Explain me like I'm an economist - Bitcoin Cash Series - Part 1

"Economists are the worst, because as an economist you learn a lot of things about how it is (he economy) but not about how it could be. Economy is a relatively new field of study and it has probably more assumptions then indisputable truths. Most don't realize but it's actually about the study of human behavior and it came from the earlier term of "political economy" that went out of use. What also people don't realize is that though inflation, in low quantities, is a very good property for the states and one of the ultimate goals of central banks and their monetary policy, and also the economists they employ, that is not necessarily true for the rest of people.
They could be chill'in instead, spending more time with the family, but, instead, plenty of them are worried to invest and reinvest. to try to beat inflation.
If there were no inflation to beat, probably climate change would be an easier problem to tackle. "Why such a rush, be here with the kids a little longer, they like the sun and the garden, some things don't grow on trees.. but you know what it does? That's right food, and those fruits are good to pick, they just needed a little waiting."1
In this sense, why should we use their money when there alternatives. What's so good about inflation again? To provide for a strong economy,a healthy economy. For whom? The ones to whom the money belongs."
(1) person with a garden
This is the first published from a series of ' Explain me like I'm (..) ', about Bitcoin Cash. Non comprehensive study of what is bitcoin cash, explained to several imaginary groups of people.
Thanks for reading
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Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely - Bitcoin News

Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely - Bitcoin News submitted by cryptoglia to btc [link] [comments]

Economist Steve Keen explains to bitcoin minimalist why it won't work. Alludes to EOS as an answer. 49:30

Economist Steve Keen explains to bitcoin minimalist why it won't work. Alludes to EOS as an answer. 49:30 submitted by tjonak to eos [link] [comments]

A leading economist explains why bitcoin isn't money

A leading economist explains why bitcoin isn't money submitted by MetaSikander to Bitcoin [link] [comments]

A leading economist explains why bitcoin isn't money

submitted by kerzane to Economics [link] [comments]

Economist Robert Murphy Explains Why Deflation is Not a Problem for Bitcoin | Inside Bitcoins | Bitcoin news | Price

Economist Robert Murphy Explains Why Deflation is Not a Problem for Bitcoin | Inside Bitcoins | Bitcoin news | Price submitted by mooncake___ to Bitcoin [link] [comments]

So I’m definitely new to Bitcoin, but in just the last week or so I’ve seen the value go from like $7500 to $9200. I’m definitely no economist or anything like that but isn’t this like, bubble 101? Can anyone please explain why I should keep holding?

submitted by bgrimes1101 to BitcoinBeginners [link] [comments]

Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely

Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely submitted by dbolivar to CryptoCurrency [link] [comments]

Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely - Bitcoin News

Japanese Economist Explains Why Another Bitcoin Price Surge Is Unlikely - Bitcoin News submitted by unitedstatian to Buttcoin [link] [comments]

UBS Chief Global Economist Paul Donovan Explains Why He Wants to ‘Bury Bitcoin’ https://goo.gl/5ooJMv - Crypto Insider Info - Whales's

Posted at: November 30, 2018 at 11:49AM
By:
UBS Chief Global Economist Paul Donovan Explains Why He Wants to ‘Bury Bitcoin’ https://goo.gl/5ooJMv
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Harvard Economist Explains Why the Bitcoin Bubble Was Doomed to Burst

Harvard Economist Explains Why the Bitcoin Bubble Was Doomed to Burst submitted by Aenanimus to NewsWhatever [link] [comments]

Harvard Economist Explains Why the Bitcoin Bubble Was Doomed to Burst - Observer

Harvard Economist Explains Why the Bitcoin Bubble Was Doomed to Burst - Observer submitted by ulros to fbitcoin [link] [comments]

UBS Chief Global Economist Paul Donovan Explains Why He Wants to ‘Bury Bitcoin’

UBS Chief Global Economist Paul Donovan Explains Why He Wants to ‘Bury Bitcoin’ submitted by n4bb to CoinPath [link] [comments]

Economist Pete Surda explains why Litecoin and other Bitcoin competitors may not be able to compete long-term

Economist Pete Surda, who completed his master's thesis on Bitcoin last year, explains his view of Bitcoin-competitors:
The future of Bitcoin
First I will formulate a "rule of thumb" for how I think the network effect behaves under competition, and then I'll explain...:
The example Patrik uses are P2P protocols. Let's take a look at the history of the leaders (I'm approximating):
There is nothing unusual here. All this is perfectly reasonable in hindsight. Purists might argue that Napster shut down because it lost a trial and that's not an endogenous failure, but clearly if a leader wants to keep its leading position, it needs to be able to resists the law, i.e. the resistance, or lack of it, is an endogenous property. We can also note that the newer leaders were increasingly less centralised and more resistant to legal action: while Napster was shut down with a single lawsuit, BitTorrent has several unrelated trackers, and also DHT, so a shutdown of one company has little effect on all users.
Furthermore, as the old leaders do not provide an technological advantage against Bittorrent, they are unlikely to take leading position again. What would take a leading position is something with a significant technological advantage over BitTorrent. At the moment there is no visible challenger. We could say that the technology matured...
Now, how do we apply that to Bitcoin? The various altchains are, in my opinion, too similar to Bitcoin . None of them provides a meaningful technological superiourity. Therefore, I expect Bitcoin to remain the leader [OP: emphasis mine]. If something challenges Bitcoin, it would be something with meaningful technological superiourity. Furthermore, the relevant factor that approximates "market share" isn't really the market capitalisation. Rather, it's liquidity. Even if one of the cryptocurrencies bubbles up and overtakes, unit per unit, the price of Bitcoin, it still won't overtake Bitcoin unless it also overtakes its liquidity. And that takes much longer to build up than just one bubble.
Furthermore, while people might multihome different cryptocurrencies (i.e. to use them in parallel, the costs are relatively low, so it's not a big problem), in the end they still use one standard for economic calculation. Nowadays this is typically their national fiat money. Even if then every cryptocurrency user would multihome, as their industry sector moves from fiat to cryptocurrency, they would choose one of them to do economic calculation, and then there would be a convergence on this level, and this would play out as the network effect...
Competition under the network effect does not behave erratically, even if the people involved might. While switches in the leading position can occur, they are, within reasonable limits, predictable. More precisely, we can reasonably predict what won't happen. Altchains are unlikely to displace Bitcoin, due to path dependence.
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A "leading economist" explains why bitcoin isn't money, due to it being finite, yet fails to spot the lack of FUNGIBILITY...

A submitted by skitalo to Monero [link] [comments]

Bitcoin explained by economist Charles Eisenstein

Bitcoin explained by economist Charles Eisenstein submitted by Sherlockcoin to Bitcoin [link] [comments]

Bitcoin Economics Explained - Is Bitcoin For the Poor or Rich? Are Babies Dying? Bitcoin explained and made simple  Guardian Animations ... What is Bitcoin ? – Explained in 3 minutes (ANIMATION) Bitcoin explained by economist Charles Eisenstein Susan Athey: The Economics of Bitcoin & Virtual Currency ...

The vast majority of economists seem to have a serious distaste for Bitcoin. Whenever an economist who has received a Nobel Prize, teaches at an Ivy League school or works at a central bank comments on Bitcoin, they always seem to have something negative to say about the technology. Some of these individuals simply say that Bitcoin has no future whatsoever, while others go as far as to claim ... Bitcoin explained by the Economist (economist.com) submitted 8 years ago by vladdione. 365 comments; share; save; hide. report ; top 200 comments show all 365. sorted by: best. top new controversial old random q&a live (beta) Want to add to the discussion? Post a comment! Create an account. evilnight 89 points 90 points 91 points 8 years ago (181 children) Let me get this straight. A clever ... Bitcoin started 2018 at a price of $14,000, but is now wallowing around $3,000. When we explained how bitcoin mining worked, in January 2015, its price was $200. BITCOIN, the world’s “first decentralised digital currency”, was launched in 2009 by a mysterious person known only by the pseudonym Satoshi Nakamoto, whose true identity is still unknown ... Bitcoin wallets store the addresses and are used to manage savings. They operate like privately-run bank accounts - with the proviso that if the data is lost, so are the bitcoins owned.

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Bitcoin Economics Explained - Is Bitcoin For the Poor or Rich? Are Babies Dying?

Topics covered: bitcoin economics, bitcoin cash, roger ver debate, crypto, roger ver, babies are dying, roger ver debate, samson mow, cryptocurrency explained, bitcoin explained Category News ... Baffled by bitcoin? Confused by the concept of crypto-currencies? Well, fear no more. In 190 seconds we explain what bitcoin actually is, where the idea came... Today’s national and supranational currencies have become a blight on this planet. Created through interest-bearing debt, controlled by financial elites, tra... The Rothschild owned Economist said to 'Get ready for a world currency' by 2018, in 1988. 30 years later, we have Bitcoin, the first world currency, reaching mainstream awareness. Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume...

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