BitCoin Correlations
The Stones of Yap (FEI) bear a striking resemblance to BTC.
A limited supply keeps the value.
If you flood the market with FEI or USD, it devalues the currency.
Interesting comparison.
Historians and Chemists say gold was THE metal naturally chosen for coins because of a limited supply and a stable and malleable nature.
I haven't seen this movie, the premise sounds good, do you recommend?
Yes, it was a great movie. I got wind of it while reading The Bitcoin Standard, which mentions the YAP Stones being used as currency, so I researched it and found this movie based on the real O'keefe character.
You can rent it here like I did.
https://www.youtube.com/watch?v=NPoFl6NvwJI
Thanks much!
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