What's the Best Crypto Currency Model?

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We have a good idea of how to price most futures and options. But when it comes to pricing, say, bit coin or other crypto assets, what do you think is the best model we have for thinking about what that value should be? I'm no longer persuaded by that, cause i don't think that people's claims for bitcoin now, or thati's that it's currency, rightthat it's a store of value,. And so it's just a question like, how much, you know, there's some percentage of people's wealth in gold; if they'd shifted half of that to bitcnd, bit contry worth x. That, i think, is the

Is Matt Levine a modern-day Horace? Like Matt, Horace has a preoccupation with wealth and the law. There’s a playful humor as he segues from topic to topic. An ability to read Latin. And many of Horace’s letters are about the length of a Bloomberg View column. QED, says Tyler.

So Matt, the Latin teacher turned lawyer turned investment banker turned finance writer, recently joined Tyler for a conversation on Horace and more, including cryptocurrencies, Buffy the Vampire Slayer, Nabakov, New York, Uber, financial regulation, market volatility, M&A, whether finance is nerdy, and why panic is central to the Matt Levine production function.

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