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RE: No, There is no Black Swan Event in the Horizon!

in LeoFinance • 4 years ago

Oh really!

You spend a lot of time defining what a Black Swan event actually is. If Bitcoin flash crashes 50% people are going to call it a Black Swan even though it was lower than that 6 months ago. People are fickle and impatient. We live in an age of instant gratification.

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4 years ago in LeoFinance by
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     4 years ago  

    Absolutely they will! You are correct of course! But that doesn't make it right ;)

    That's my point.

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     4 years ago  

    Instant gratification is everywhere from pornography to likes on Facebook and bank loans. It's in our DNA already.

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