Oddbean new post about | logout
 Is this a troll? 



"My friend is a quant at one of the largest hedge funds globally.

The PMs keep asking his team to re-run their Bitcoin model because no matter how many times they adjust it, it predicts a terminal BTC price over $1 trillion per coin.

They don’t know whether to go all in or shut down" 

https://image.nostr.build/8de3964c85d9b342834774c76a86be1c4286a9527a9200585a6469e71b68961a.jpg#m=image%2Fjpeg&dim=886x1920&blurhash=%5B596L5xBW%3Ds%3A%7Dsf%2CjExaS5Rjs%3Aj%40VsjYWqR*R%25f%2CNFWX%24%2Bn%23R.NGNFkDWAWqxaaes%3Bs%3A-pWBs%3At6&x=d2ad1094222058cf78c6191f7b4d8afd8314ca2d770a09dbb3e094c2c32afb78 
 That would exceed the total wealth of the world. That would imply the dollar devalues