Current Groupthink of the Crypto Faithful

Current Groupthink of the Crypto Faithful

0 Recensioner
0
Episod
149 of 223
Längd
19min
Språk
Engelska
Format
Kategori
Ekonomi & Business

Financial markets can be subject to a fair amount of groupthink. The herd effect. Mob mentality, even. There’s actually some really interesting research into this: check out for example the paper, “Bubbles, Human Judgment, and Expert Opinion” by Robert J. Shiller. Here's additional research into herd effect: Herding behaviour in digital currency markets: An integrated survey and empirical estimation.]

Crypto investors are no exception: and their in-group behavior also features a lot of catchphrases. Like the famous “GM”, and the infamous "have fun staying poor." Or the tongue-in-check “Bitcoin will fix this”, where “this” is basically any social or economic issue you can imagine.

In this episode Bloomberg senior markets editor Mike Regan and crypto blogger Emily Nicolle assess the mood among the crypto faithful - and explain why some of them are now evangelizing cold wallets.

See omnystudio.com/listener for privacy information.


Lyssna när som helst, var som helst

Kliv in i en oändlig värld av stories

  • 1 miljon stories
  • Hundratals nya stories varje vecka
  • Få tillgång till exklusivt innehåll
  • Avsluta när du vill
Starta erbjudandet
SE - Details page - Device banner - 894x1036
Cover for Current Groupthink of the Crypto Faithful

Andra podcasts som du kanske gillar...