[Analysis] Bitcoin is (probably) here to stay - Tyler Cowen

Bitcoin ($BTC) isn't going away and that says a lot about the finance world's take on the global economic order, according to Tyler Cowen. Three obvious price drivers of Bitcoin include Chinese capital controls, the Democratic parties march toward progressive tax policies, and alternative payment systems like Libra. As Cowen writes, even a small amount of global wealth put into crypto can maintain a high price. The very fact crypto continues to live on points towards radically different forecasts of the future, one where traditional stores of value may not exist.