Useful link to a non-technical summary of the paper:
https://imperialcollegelondon.app.box.com/s/u1qark0r6cvdvzj4vp5s3xyfo9tkpjt8Interesting comment relevant to ASICs in Monero:
[Emiliano Pagnotta] To add to ABs comment, let me elaborate on your conjecture. If a particular entrepreneur created a superior ASIC machine, the effect on the bitcoin valuation could be ambiguous.
... (read more at link above)
Thanks smooth, I like the fact they put out a layman's copy.
That paper got way out my league to comprehend pretty fast and what I did digest didn't seem to come to any conclusion that is not already obvious.
So what point is it trying to make that we don't already know?
I think something is wrong with Polo I just checked my buy trade analysis and got an exact even number! Whats the chance of that?!?!
Average Buy Price: 0.00416829 BTC Break Even Price: 0.00416829 BTC