Saturday, March 3, 2018

Bitcoin Price Napkin Math – $15,882

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Economist 1, “Look, there is a $20 bill on the ground!” Economist 2,  “Can’t be. If there was a $20 bill on the ground, somebody would have already picked it up.” It’s an old joke, not exactly very funny, but it does illustrate how economists think.  Economists have the luxury of making assumptions.  If the government

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