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by BlueTemplar 39 days ago
2011 is when it had its first big public boom - and bust, accompanied by even generalist press reporting on it.

And the nerds at Valve would have been *in particular* aware of it. So causality is more likely to be reversed in that example.
1 comments
pphysch 39 days ago
You claiming that Valve hired an economist to study digital scarcity, not because of Valve's booming ingame economies, but because Bitcoin was at $10. Sure.
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BlueTemplar 37 days ago
No, I want to insist on Bitcoin's intellectual legacy. Before ~2011, only a handful of niche nerds at the intersection of cryptography and (goldbug) economics had heard of related ideas. After ~2011, everybody had, and started building their own (like Etherium).
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