Oddbean new post about | logout
 I still think it will transform the developing world.  Right now it’s still easier for wealthier people to take risk.    For example, I think I’m right about bitcoin, but if I’m wrong I still have a good job and can start again without missing a meal.  Once Bitcoin is widely perceived as the safe option, that’s when I’d guess it starts to transform the people who have always worked hard but don’t have access to a stable financial system.