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Understanding Crypto 2: Igor Makarov: Economics of the Crypto Ecosystem

The Rational Reminder Podcast

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Ibi Coin Protu

We estimate that about ten per cent of al nominal volume on the becoing block chain as a meaning for transaction. The rest is what we call some superfluous volume or fictitious volumes. Andit essentially just moves funds between a counts that it controls. It's the same as if i take some bid coins from my left pocket and put it into the right pocket. So those transactions we don't treat as meaninful because there is no change of onosi.

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