The Bitcoin Bubble – Explained

First of all – let me make it clear – Bitcoin is good money. What I mean by that is that it can be used for purchases, it is a store of value that can’t be diluted by the creation Read More …

Fictional Markets and Snakeoil Salesmen

Imagine this scenario – I have a substandard product and I want to sell a lot of it at an inflated price. The problem is that no one will buy my useless thing because no one actually needs it. So Read More …