Mikko Ikola

79%
Flag icon
Another example of Bitcoin's antifragility came in September 2017, after the Chinese government announced the closure of all Chinese exchanges that traded Bitcoin. Whereas the initial reaction was one of panic that saw the price drop by around 40%, it was only a matter of hours before the price started recovering, and within a few months the price had more than doubled from where it was before the government's ban.
The Bitcoin Standard: The Decentralized Alternative to Central Banking
Rate this book
Clear rating
Open Preview