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A new monetary network with its own unit can only bootstrap from zero to mass adoption through a period of upward price volatility.
Drawn from what Lyn Alden said
Subjectinterest rates
What Lyn Alden actually said
- Lyn Alden Investment researcher and engineer who runs Lyn Alden Investment Strategy
If a new monetary network with its own unit (i.e. not pegged to an existing currency as a credit rail on top of it, but rather a fully parallel system to central banks) is going to bootstrap from zero to massive, it requires upward volatility.
Where this was said
↗The Rise of Bitcoin Stocks and Bondslynalden.com
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Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us
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