Computer scientist Ed Felten projects how market growth and sophisticated economic modeling will eventually stabilize Bitcoin's volatile exchange rate.
“I think the exchange rate of Bitcoin will settle down if it grows. You get more liquidity in the market, and you get more sophisticated economic modeling of what the fair price is. And then I think the volatility goes down somewhat.”
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More from Ed Felten
AssertionSupported
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PredictionNot checkable as stated
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Insight
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Insight
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AssertionPartly supported
Ed Felten: Reputable businesses must report large Bitcoin transactions
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