3min chapter

Life Itself Podcast cover image

A Macroeconomics Perspective on Cryptocurrencies

Life Itself Podcast

CHAPTER

Is There a Negative Some Product?

Pitcoin is a commodity whose use value is purely derived from its gambling aspect. It's basically going to the poker table at the casino of hoping that the person acrows the table from you is going to make a worse decision than you are. To maintain the stability of betcoin, this is like wy betcoin works,. A lot of people need to independently verify taf any transaction took place. The only model you can have is a model of public hype and predicting it.

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