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And by research I mean actual in-depth research. Ask them to show their work.
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Successful Bitcoin holders have low time preference & judge over extended periods, e.g. risk-adjusted return over 4-year holding periods. If an economist has not researched this strong market signal for explanations of supply & demand, they don't have a useful opinion about it.pic.twitter.com/pMQS8ExEOE
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The Keynesian economist’s livelihoods are dependent on not understanding Bitcoin. Bitcoin revolts their entire being because It’s the pin that busts the bubble of their entire worldview.
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Do you think that the 4-year inflation-halving interval was (to any degree) a deliberate memetic nudge towards long-term time preferences?
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Always insightful and sharp
@NickSzabo4 . Check the work of the Austrian economist Prof.@saifedean on the Bitcoin Standard, he is a rare gem among economist, with deep knowledge on Bitcoin. -
For crying out loud, published in 2002 https://nakamotoinstitute.org/shelling-out/
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@BobLoukas The JourneyThanks. Twitter will use this to make your timeline better. UndoUndo
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low time preference AND good private key management
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Great material for precoiners with finance background.
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@PeterSchiff you can admit you were wrong now... It's ok. This is a safe space.Thanks. Twitter will use this to make your timeline better. UndoUndo
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thanks for sharing
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BTC pricing modeling of BTC using scarcity shows very strong adherence as well as silver and gold? Why: all are medium to store value.
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And people are starting to realizing it and hilding their assets. Just hope they are in control of their private keys "not your key, not your wallet" :)
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Shows promise of a new day filled with voluntary marketplaces.
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