"So is the halving “priced in” or will it be a catalyst for appreciation? [...] I consider it patently absurd that a change in issuance would have been overlooked by the price-setting entities." - Nic Carter
You are definitely gonna want to hear Nic's incredibly thorough argument as to why in this article! Breaking down the EMH, its origins, the many different iterations of the concept, & how best to frame it in the context of a real world market; Nic gives us another excellent work that is a must listen for all Bitcoiners.
Don't forget to drop some applause on the original article below, and follow Nic on Twitter!
https://medium.com/@nic__carter/an-introduction-to-the-efficient-market-hypothesis-for-bitcoiners-ed7e90be7c0d
"That dogma was necessary — without it the people who have built this ecosystem into what it is today wouldn’t have had the motivation...
"We, Bitcoiners, are all dissidents in the Old World of trusted third parties. [...] Laws of nature that are higher than man-made laws, being...
"But for me, when I think about what Bitcoin’s properties are as a store-of-value asset and then compare those properties to the existing store-of-value...