Yahoo Finance’s, The Final Round, anchor Jen Rogers interviewed famed nonfiction financial writer, Michael Lewis. The author of classics in the genre such as Liar’s Pokerand Moneyball (some are major motion pictures) was promoting his latest book now in paper. It examines market psychology, and really nothing so fascinates economic psychologists (also known as behavioral economists) as much as bitcoin.
“What about [the psychology of] bitcoin? Because, I think people are starting to feel, okay, is this real or is this …,” Ms. Rogers began. Mr. Lewis quickly interrupted, “Well, it exists right!”
She continues, “Well, but now we have more people coming out, commenting on it that are, you know, real thinkers that aren’t telling us this is a fraud — although we still have Jamie Dimon and Warren Buffett and all those people. But we have a lot more coverage coming from Wall Street. We have the CME coming out with the futures contract. So what are you thinking about bitcoin?” […]