NEW: "#Bitcoin  is just an extractive bubble," says Simplify Asset Management portfolio manager Mike Green.

Reply to this note

Please Login to reply.

Discussion

Whatever you do don't be like Mike Green

I bet he says that at every halving.

He looks like an extractive bubble.

Extractive is an interesting word choice. It does seem like it could extract a lot of the false monetary surplus from other areas. Otherwise what’s it extracting?