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What Bitcoin Reveals About Financial Markets

Retrieved on: 2018-02-08 04:26:15

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<div>They probably won't, but the <b>Bitcoin</b> bubble should finally destroy our faith in the efficiency of markets. Since the 1970s, <b>economic</b> policy has been based on the idea that financial market prices reflect all the information relevant to the value of any asset. If this is true, market prices are the best estimates of ...</div>

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