What is Bitcoin?

Which one?! My “bitcoin prior” is that Bitcoin is insanely-overvalued, that it’s a purely speculative “bubble” akin to the South Sea Bubble of 1720 or the even more famous episode of Tulip mania in 17th-Century Amsterdam. Now that I see this “map of bitcoin forks” (pictured below), in which direction should I update my bitcoin prior? As an aside, I wrote about the taxation of Bitcoin here, and here is a bonus Bitcoin video (starring Remy): https://youtube.com/watch?v=UG7zLhEWanc

Hat tip: @SimonDeDeo

About F. E. Guerra-Pujol

When I’m not blogging, I am a business law professor at the University of Central Florida.
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