Bitcoin Is A Black Hole For Theoretical Models

Bitcoin Is A Black Hole For Theoretical Models

Bitcoin both fits into and defies all of the major theoretical models developed in recent history, speaking to just how early we are.For the purposes of this article, the following theoretical epochs will be identified, described and applied to Bitcoin adoption, resistance and narratives: classical theory, neo-classical theory, systems theory, human relations theory, power and politics, chaos theory, critical theory, inter-governmental relations and interpretive theory. Bitcoin will be addressed as an asset class which spans all the theoretical models presented and one in which alternative....


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