The more you understand finance and traditional markets the less likely you are to understand Bitcoin.
Finance bros in disbelief š¤£
The more you understand finance and traditional markets the less likely you are to understand Bitcoin.
Finance bros in disbelief š¤£
Nah. I disagree bro. Tell me Jeff Snider doesn't understand Bitcoin, honestly.
Watch his talks with Pete McCormack, he has considered it - and even given it some thought.
š
Itās funny to watch them trying to apply equity valuation models to bitcoin. Digital asset with only intangible value? Divide by zero, head explodes. š¤Æ
The problem is that nobody teaches monetary valuation in MBA schools.
We can agree finance bros and orange pillers are both in disbelief
Neither understands the other
āIt is difficult to get a man to understand something when his salary depends on his not understanding it.ā
- Upton Sinclair
People really want to believe humans are incapable of seeing both sides. Gross.
Relatable š
In my impression, most things on topic of the monetary foundation is some form of gaslighting, using math to displace numbers and hide the reality of situations. These people have trained themselves in playing fundamentally a game of misdirection. That's what they're looking for. They don't go down enough through the foundation.
Financial people can understand this. Max Keiser was smart enough very early on.
Poetic
The more āyou think you understandā finance and traditional marketsā¦. If you think you understand them and donāt see the ponzi and corruption - you donāt understand them.
If you see the ponzi & corruption, you understand Bitcoin.