Re:Cryptocurrencies are the tulip mania of the 21st century
by runeks on Tuesday September 19, 2017 @12:48PM
(#15286303)
> Governments don't create bubbles. Human nature does.
And yet, OP just provided evidence of a case where, previously, we assumed a specific asset bubble was caused by "human nature", but in fact it looks like it was created through the government inadvertently creating risk-free speculation in options contracts for this very asset.
And yet, OP just provided evidence of a case where, previously, we assumed a specific asset bubble was caused by "human nature", but in fact it looks like it was created through the government inadvertently creating risk-free speculation in options contracts for this very asset.