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Ep. 248: Mark Miller Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Bitcoin: A Great Representation of Digital Trust

Bitcoin is a great representation of digital trust. It grew bottom up simply by the mutual recognition of the participants in the system that it had the properties that we associate with property rights and could be used therefore as a kind of property. People have lost tremendous amounts of money by just forgetting a private key or by having their computer hacked into and having a private key stolen. But once that happens, it's gone and there's nothing legal recourse can do about it pretty much right now nor possibly ever.

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