Dr. Igor Makarov: Economics of the Crypto Ecosystem | RR: Understanding Crypto 2

Welcome to the dark side Rational Reminder 😏

Thanks. Suggest to get PlanB on

Cryptos do not yet have statistical relevance. They are extremely volatile and do not work for protection. They should still be targeted by central banks, which could have their monetary sovereignty attacked. Therefore, it is a speculative investment for now.

Thanks for this series Ben and Cameron, I really appreciate how you're trying to understand a complex topic piece by piece from basic principles, rather than immediately jumping to a conclusion and working backwards to evidence.

These videos may soon be irrelevant.

It will be interesting to see whether this video will age well or not.

I’m 95 percent S&P 500 index funds and 5 percent BTC. I find the technology and scarcity of Bitcoin interesting.

Clearly, Bitcoin has become a mirror on which people project their beliefs about value and monetary policy. A similar phenomenon seems to inspire gold collectors.

DAOs won't be able to improve governance because people are idiots.