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Back then it wasn't unreasonable that crypto would go nowhere. I did put money in there, but not much
Well, as a student, maybe you didn't have much. But of your total wealth, maybe a quite large fraction. :p
One of the first articles in my blog was actually a defense of bitcoin! back in 2013 https://nintil.com/2013/03/16/bitcoin-vs-el-oro-dineros-para-el-futuro/ …
I go back and forth between an EMH theory of bitcoin prices and one where the technical barriers-to-entry were high enough that a select few were able to encounter that first billion-dollar bill on the sidewalk.
Perhaps the better question is at what date the EMH theory takes over.
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