Is bitcoin in a bubble?

All you ever wanted to know about nonlinear dynamics, risk pooling, rational and irrational human behavior, information cascades, and Bayesian updating. A FAQ.

So, is bitcoin in a speculative bubble?

That means it will crash down to earth pretty soon?

A bubble of cosmic proportions? Photo by NASA.

So will it go down to zero?

Is bitcoin a scam or a Ponzi scheme?

So but it’s virtual gold now, a store of value?

So should I buy/sell/hold bitcoin?

I write about how technology shapes the world we live in.