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126 sats \ 5 replies \ @Aardvark 16h \ on: The Bitcoin Rally (Financial Times Unhedged, Robert Armstrong) econ
A tidy explanation, but what happens when the last regulatory roadblock has been removed? What makes bitcoin rise then?
The same thing that made it rise before the regulatory roadblocks began being removed?
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66 sats \ 3 replies \ @Undisciplined 14h
Also, even in his dumb framework, maybe something like legislation that increases bitcoin reserve requirements or makes bitcoin legal tender.
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60 sats \ 2 replies \ @Aardvark 14h
Or literally any favorable policy change elsewhere on the planet? There's still a ban in China last time I checked.
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60 sats \ 1 reply \ @Undisciplined 14h
Exactly. There are still lots of legislative bodies that can do stuff.
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84 sats \ 0 replies \ @denlillaapan OP 14h
obviously, it can't be because bitcoin has some intrinsic superior virtue
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42 sats \ 0 replies \ @denlillaapan OP 14h
NOE! U fin retard
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