Steel-manning the bubble theory of money and bitcoin 1. Unlike a stock or a bond, which is backed by productive assets, bitcoin cannot be valued using standard discounted cash flow analysis. And since it has no intrinsic uses, it can't be valued for its contribution to various manufacturing processes, nor for its consumption value. Rather, bitcoin is a bubble. Its price is driven by a ... You can watch BTC and buy and sell other cryptocurrencies, stock and options commission-free on Robinhood. Change the date range, read news, and learn more about Bitcoin as well as other cryptocurrencies. Dang, did Moldbug (so far…) miss on that one. Right around the time of Moldbug’s “How Bitcoin Dies” post, I sold a few of mine around 17 thinking this might be the beginning of the end. That was (retrospectively) stupid. I’m pretty much buying the dips now, and selling around each multiple of 10USD. The hardness of Bitcoin is superior to all forms of money, including gold, and its stock-to-flow ratio will eventually reach infinity. As a digital asset, Bitcoin has unprecedented levels of ... Bitcoin Dies, Moldbug ventures, perhaps sometime this year. Following a broad DOJ indictment for money laundering, targeting any and everybody remotely connected with the free currency, the “BTC/USD price falls to 0 and remains there.” “[R]emains there” — how cute is that? Ph’nglui mglw’nafh Bitcoin R’lyeh wgah’nagl fhtagn. Bitcoin simulates gold, and once ‘mined’ it ...
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Welcome to the Bloomberg Technology YouTube channel. Subscribe for original series and mini-docs on game-changing technologies, profiles on innovators, live ... Here's one way to make realistic looking metal parts that are safe to use in films, or any project where safe and squishy is important. MATERIALS USED * (See... On this episode of Bens Worx I make a wood and resin desk ornament using epoxy resin and burl. I left it to cure in the pressure pot and then turned it on th... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.