CryptoCharacters Episode 11: Economics & Cryptocurrency
Take a ride with Louis Stone, lifelong student of economics, former currency trader, and current MD of Global Business Development for Symbiont. Learn about trading and economic theories like return anomolies (they may allow you to beat the market), the efficient market hypothesis (you can't beat the market), behavioral economic, and smart beta which uses non-market capitalization characteristics to balance returns. Discover the way currency is commonly valued, how inflation works and its benefits, the way governments use currency to manage the economy, and how Bitcoin may change it all. Learn why Bitcoin is similar to gold, and whether it can ever replace gold. Finally learn what Symbiont is up to and the way its proprietary blockchain can be used to maintain privacy among multi-party participants. Learn why blockchain is great for bonds and get Louis' advice for success!