1/ I DIDN'T SEE SOMETHING UNTIL NOW. Often I've spoken about paper assets creating a fake supply that satisfies real demand, & that (all else equal) this causes an asset's price to fall. Most recently this came up in a debate with @timevalueofbtc

Chief Strategy Officer: @HRF + @OsloFF. Faculty: @SingularityU. Friend of democracy, civil liberties, Bitcoin. Foe of tyranny and the surveillance state.