It is very hard for people (and cooperations) that succeed in a system (and getting chair may count here) to change perspective and getting a clue on things that will come. That is Life‘s tragedy, and Mr. Hensley will be no exemption.
I never heard of the Lindy effect, but wonder if it would also stand against progress and evolution by solidify aged concepts. Central Banks are also non-perishable things - longer around than crypto … ergo with a higher Life expectancy according to Lindy - I hope not.
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That is true although the Lindy Effect does not say indefinite life expectancy. We see many things replaced by something better, especially when driven by technology.
But you bring up a valid point. Do not buy into the online bs that Central Banks are going away and governments are going to fail overnight. It might over time but not soon.
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