Reading Daniel Yergin's excellent The Quest on the oil industry, it strikes me that most crypto-sovereign individuals and startups are going to be like micro petro-states in their economic behavior.
Crypto people should really read/learn about the oil industry.
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is this where "intellectual history is fossil fuels" came from?
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Partly. Reading this for an energy project, which has independently been sparking musings on elan vital of psyche.
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Or the Edenist Fuseodollar from Peter F Hamiton's nights dawn trilogy if you're more sci fi minded - i knew about that before i ever learnt about the petrodollar.
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Hello. As far as price movements go, oil and bitcorn are run by the same set of rules, so your comment is likely very correct.
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