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Lily Francus and Jesse Livermore — Understanding Financial Bubbles (EP.91)
Infinite Loops
The Collapse of Fundamental Variables in the Markets
The idea of varions collaps in the sense that bitcoin is special and sos currency because it has no fundamental value. The fact that big coins supply is effectively locked is a critical aspect of what allows it to become, in lily's words, a sustainable bubble. You don't have that mechanical pathway through which you can get supply,. just continuing to grow and grow and grow until you tap out and the price starts coming down with game stop. I'm a little bit confident that it could become a sustainable bubble at 483 thousand dollars, because any person with any with half a brain is going to just be selling that like crazy from the inside the company. And things will meet in the
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