Brad delong bitcoin


What to Expect Here The purpose of this weblog is to be the best possible portal into brad delong bitcoin I am thinking, what I am reading, what I think about what I am reading, and what other smart people think about what I am reading To the extent that there is an brad delong bitcoin, it goes like this: Lots of economists want to ban cash and bitcoin to allow the government more leverage. It is not a mania of irrational crowds.

That value has been increasing, which means that some people somewhere are buying. Books Worth Reading Discussions. Now to support a high price, you need restricted supply as well as demand.

Someone speculating on bitcoin over a brad delong bitcoin cares little about its fundamental value. So, as we also see in high-priced stocks, houses and tulips, high prices come with volatile prices so there is money to be made on speculationand large trading volumes. BitCoin is not a "bubble".