According to Nobel Prize-winning economist Eugene Fama, there's a 100% probability that #Bitcoin will lose all of its value within the next decade. According to me, fuck that guy. I can't wait to prove him wrong.
Discussion
Hold on while I read all of this …
Jk. 🤣 not a chance
It's not worth reading. I made sure the important parts were in the accompanying note.
Same stupid criticism - volatility, energy use 🤡
Goes to show even educated people are too lazy to understand new paradigms
Yeah, I didn't find it particularly compelling. It was just a collection of naysayers making assertions. Not much in terms of convincing arguments.
I’m done listening to so called experts unless they can first steelman why they might be wrong. Most won’t since they haven’t given it any serious consideration.
"Educated" ppl are just brainwashed. They've been taught what to think, not how.
Yes, pure 🤡🌏
There’s a lot of value in education and experience - becoming really good at something. But people in that position are used to being right and rarely have their views questioned. It’s insulting to them. I don’t know why it’s hard to consider something that doesn’t align with your existing beliefs …
It's called ego.
Mark Twain has a very famous quote. - "It's easier to fool someone, than to convince them that they been fooled."
#SPARTANS
Unless he wrote the white paper his economic opinion doesn’t matter to me
TIL I understand Bitcoin better than a Nobel price winning economist.
Poor guy, soon he'll be Eugene Fomo.
Bitcoin would lose all of its value in dollars if the dollar was to be discontinued within the next decade.
However, Bitcoin itself will do just fine in the real world as a store of value or medium of exchange.