You are viewing a single comment's thread from:

RE: Tech's Greatest Contribution: Massive Deflation

in LeoFinance5 months ago

There certainly is a need for new indicators in both economics and accounting. Neither has adapted very well to the new era of technology.

Take intellectual property which expanded greatly in the tech age. Accounting doesnt have a great way for valuing that and it, in the end, just turns into a guessing game.

The same holds true for many economic indicators.

Posted Using LeoFinance Beta

Sort:  

Yeah. And may be that's the reason BTC is becoming a mainstream asset and not a cypher punk coin. The metrics are changing and being modified to accommodate this new asset.