"The persistence of Bitcoin poses a challenge to established economic principles. “I’m hoping it will bust,” Fama said, “because if it doesn’t, you have to start all over with monetary theory.” He suggested that if Bitcoin maintains its value long-term, economists would need to fundamentally rethink their understanding of money and markets."
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Listening to this on Fountain now. Definitely interesting to hear the traditional finance world discussing a topic they truly don't comprehend.
Good times.
