MV=PQ
1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jan 2, 2019 by Fred Ehrsam · across every show →
Everything said about MV=PQ, oldest first
Jan 2, 2019 positive
Ehrsam: Crypto tokens resemble currencies rather than cash-flow equities
“Upon closer examination, tokens more closely resemble currencies where you look at some kind of monetary theory equation like MV equals PQ, and it turns out that the important things to look at are not the right to a future stream of cash flows. Rather, it's t…”