Over $20K? Why Is Bitcoin Worth Anything at All?
Bitcoin’s price continues to climb, BTC is leaving exchanges, and bitcoin "whale" sightings are becoming more frequent. But the question remains, why?
Economics
The measure may contribute to temporary inflation during the summer, economists say.
Bitcoin traders may be out of luck if they're expecting the Fed to further ease monetary policy as bond yields rise.
Very few of today's bond portfolio managers and traders can remember the last inflation shock, but that does not make a new shock less likely.
A normie Mario fights Bowser to save Princess Peach; a libertarian Mario builds her an escape hatch.
Crypto Long & Short: Bitcoin Is More Than a Hedge Against Inflation – It’s a Hedge Against ‘Crazy’
Dec 20, 2020
For many, bitcoin is hedge against inflation. But it's also a safety play for a world where old ideas about economics are up in the air.
Economics
