Damus
Jack Spirko profile picture
Jack Spirko
@jackspirko
Remember what was said is.....

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, consists would need to fundamentally rethink their understanding of money and markets.



4❤️1
BTCbeeRancher · 64w
The denial is strong in this one! 😂
Deleted Account · 64w
“I think it’s going to zero because if it doesn’t, I’ll look like an idiot”
Wolfram · 64w
I bet if Hayek was alive he would strongly disagree with Fama.