From Federal Reserve #bitcoin Report

https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr1052.pdf

'the result that Bitcoin does not react to monetary news is puzzling’ means ‘we cant understand why #bitcoin and its users won’t do what we tell them to’

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Discussion

we model bitcoin with no intrinsic value!?

its laughable 😂🤣

excellent info. thanks

This is the bell-curve meme.

Hodl ->this report-> Hodl