Oddbean new post about | logout

Notes by Isurewould | export

▲ ▼
Dr. Jeff | 2 months ago (raw) | full thread | reply | flag 
 FWIW (not much)...

Regarding #bitcoin price action...

Based on past cycles and current liquidit...
▲ ▼
Isurewould | 2 months ago (raw) | root | parent | reply | flag 
 you're no longer a bull crab? Is it something more than Michael Jackson's birthday?
▲ ▼
Dr. Jeff | 2 months ago (raw) | full thread | reply | flag 
 True or false: #Bitcoin is productive capital.
▲ ▼
Isurewould | 2 months ago (raw) | root | parent | reply | flag 
 What is unproductive capital? BTC is proof of work entitling the owner to direct that work where and when he desires. It is productive to the extent it holds value until needed.