43. Bitcoin and market efficiency
The Bitcoin Standard Podcast
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Bitcoin Brings Efficiency to the Market
I think there is a connection to all these things going on. Recently, we've been witnessing a change of the narrative even among the people who are Bitcoin enthusiasts. Eugene Fama had this idea of markets being efficient because in the end, the information trickles down to everybody and so on. We can have more knowledge about everything than what Hayek was talking about. So there is a sense in which Bitcoin brings efficiency to the market.
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