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Busting Bitcoin Myths: The Lindy Effectby@FrederikBussler
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Busting Bitcoin Myths: The Lindy Effect

by Frederik Bussler2mSeptember 22nd, 2019
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According to the widely-cited "Lindy Effect" Wikipedia page, the future life expectancy of a technology or an idea is proportional to its current age. This is a non-scientific and statistically-invalid claim, which is often used by Bitcoin maximalists to back their claim that Bitcoin is more valid because it's been around for longer. Ultimately, the Lindy Effect is useless in predicting the validity of cryptocurrencies for a number of reasons. It's like saying global warming is a myth because you're cold, here, right now.

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Frederik Bussler

Frederik Bussler

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Frederik Bussler@FrederikBussler
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