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Matt Levine Live at Bloomberg HQ

Conversations with Tyler

CHAPTER

What's the Best Crypto Currency Model?

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

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