Re:Nassim Taleb: Bitcoin failed as a currency and became a s...
by cblconfederate on Saturday April 17, 2021 @07:29AM
(#26843433)
There is the fallacy that "real" markets are somehow super-efficient in moving peoples money exactly where they need to go to achieve tangible effect. This is just a myth, however in the crypto ecosystem it becomes entirely transparent. There's probably a lot more than $1T worth of money which is allocated randomly in regulated markets (i.e. gambling money). Part of this is moving to crypto because it's easier to handle.
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