This document discusses several concepts related to economics and human behavior: 1) The Streisand Effect describes how an attempt to suppress information can sometimes inadvertently increase its publicity. It references Barbra Streisand's unsuccessful $50M lawsuit that aimed to remove an aerial photo of her home but instead drove more people to view it. 2) Gresham's Law states that "bad money drives out good" - meaning that when overvalued legal tender currencies circulate together, the undervalued currency will disappear from circulation. 3) A Schelling Point refers to a situation where people coordinate their behavior based on mutual understanding of what others might do, without any explicit communication or agreement.

1. The Concepts,
Effects &
Phenomena
Driving Bitcoin’s Adoption

2. Streisand Effect
Barbra Streisand
In 2003 Streisand sued photographer
Kenneth Adelman for violation of
privacy. The $50M lawsuit endeavored
to remove an aerial photograph of
Streisand's mansion. Before the lawsuit,
"Image 3850" had been downloaded
from Adelman's website six times. As a
result of the case, 420,000 people
visited the site the following month.
-Wikipedia: Streisand Effect

3. Image of Barbra Streisand's Malibu house, which she attempted to suppress
Copyright (C) 2002 Kenneth & Gabrielle Adelman, California Coastal Records Project, www.californiacoastline.org

4. Gresham’s Law
Sir Thomas Gresham 1519-1579
"good and bad coin
cannot circulate
together"
-Letter to Queen Elizabeth (1558)

6. Schelling Point
Thomas Schelling 1921-2016
“It’s about multiplayer games
where people respond based on
what they think the other
person’s response will be.”
-Naval Ravikant

7. Antifragility
Nassim Nicholas Taleb
“Some things benefit from
shocks; they thrive and grow
when exposed to volatility,
randomness, disorder, and
stressors and love adventure,
risk, and uncertainty.”
-Antifragile: Things That Gain From
Disorder

8. Veblen Goods
Thorstein Veblen (1857-1929)
“Each class envies and
emulates the class next above
it in the social scale, while it
rarely compares itself with
those below or with those who
are considerably in advance.”

10. Cantillon Effect
Richard Cantillon 1680-1734
“Expansionary monetary
policy constitutes a transfer
of purchasing power away
from those who hold old
money to whoever gets new
money.”
-John Aziz