Wednesday, April 27, 2016

Bitcoin vs. Gatsby















Category
Bitcoin
Gatsby
Public Appearance
  1. Essentially fragments of data
  2. Derive inherent value from belief its followers in its public appearance
  3. No killer application for Bitcoins out there
  4. Ideological backing from its supporters is the strongest financial pegging
  5. Has a quality of “eternal reassurance”
  • Essentially a well styled criminal and fraud
  • Derives inherent value from followers belief in his public appearance
  • No useful application of Gatsby in followers’ lives
  • Belief in his grandeur backs his social standing
  • Has a quality of “eternal reassurance”
Illicit activities
  • Engaged in illegal bond trading
  • Well connected to sleezy figure, Meyer Wolfsheim
  • Engaged in alcohol struggle
  • Breathing incarnation of American Dream not real
Volatility
  • Gatsby’s behavior varies from that of a “little boy” to that of an “elegant young roughneck
  • Lacks the anchor of legitimate business to balance his behavior
  • Volatility makes Gatsby special because it attracts followers like Nic
  • No peaks without valleys
Why all this?
  • Exploring the underlying principles of Bitcoin makes any enthusiast a better trader
  • Recurring patterns in society
  • Studying these isolated phenomena and relating them benefits any conscious person
  • Exploring the underlying principles of Gatsby makes any person a better observer
  • Recurring patterns in society
  • Studying these isolated phenomena and relating them benefits any conscious person.

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