Bitcoin soars to a new high as the futures markets push potential to BTC $20,000.pic.twitter.com/dJiZJ2ITTf
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David, I hear ya. You know we are in new territory here. If math is the basis for a new asset class, Bitcoin has the game theory mechanics behind it to become the first order default. It inturn has feed the ETH market as the funding source. Interesting times sir.
There is a path dependence argument that says that even though bitcoin isn’t “best” it’s too late to change. After all, VHS wasn’t the best video standard, right?
David, indeed. I think you are on Target. At this point with the futures markets and now EFTs the institutional funds that will come in will be 1000x larger that all the years combined. For better or worse. Uncharted territory..
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