Friday, June 02, 2017

How to Value a CryptoCurrency

1 comment:

Albury Shifton said...

I had a brain belch recently where I was looking at the price of Zimbabwean notes denominated in trillions on ebay. The ten trillion trades at around $10 and the hundred trillion at up to $100. It struck me that if you set up your own micro-economy using Zimbabwean currency at those rates ($1 to a trillion), you'd probably end up with a pretty strong currency. It's not like anyone's silly enough to print any more of those pieces of toilet paper, so it's already somewhat stable inflation wise. So you agorists out there, forget silver, forget bitcoin, go Mugabe!