Post
Topic
Board Economics
Re: The Bitcoin Price Paradox
by
dnprock
on 12/02/2021, 21:37:36 UTC
Nassim Nicholas Taleb just wrote on Twitter that he thinks Bitcoin is a failure.

https://twitter.com/nntaleb/status/1360276917992230919

He highlights the problem with volatility. Bitcoin's volatility originates from this paradox. When supply is zero, we'd get a divide by zero. The price could be 0 or infinite. It is whatever the narrative the market is following.