@john_darksoul I think that's why the old guard of economists has been so slow to get behind it...no one knows what the fundamentals of it are...most cryptos weren't obviously useful like a commodity...nor had a clear business model that could generate a transparent revenue stream to treat it like an equity...so the fundamentals are hard to define...I think tokens like XRP could have fundamentals...because we might be able to work out an efficient price based on what % of international banking transfers they capture etc...
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@Frondeur @john_darksoul there are no 'fundamentals' anywhere, the 'old guard' are either sklerotic 'neoclassicals' or retard villains called 'keynesians', neither of which got the memo that value is SUBJECTIVE, or at least didn't internalize it.
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@lain @john_darksoul I think the finance guys are not able to be mapped one-to-one to popular macro schools of thought...but I would like to hear more if you want to...
@Frondeur @john_darksoul i mean the finance guys need to live in the real world to make money, and if that includes the government, then so be it. the still won't believe that 'demand stimulus' will stimulate anything else but their accounts