
Bitcoin Doesn't Fix This. Plus, Pets and Profits.
Barron's Streetwise
00:00
The Threat to Traditional Finance by Cryptocurrencies
In alex's view, the threat to traditional finance by bit coin went into retreat seven or eight years ago. He says more time, money and energy has been spent on the proliferation of disruption meams than on work toward actual disruption. The lindy effect holds that the life expectancy of a technology or idea is proportional to its current age. For crypto to work as promised, it would have to become less profitable to speculators.
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