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Josh Hendrickson
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Professor of Economics and Chair, Ole Miss; Senior Fellow at the Bitcoin Policy Institute

Just to review, this is the same guy who says he hasn’t heard of a single valid use case for bitcoin. https://twitter.com/paulkrugman/status/1633472068355346437

One of the most reliable red flags is when crypto people don’t understand bitcoin. It always ends like this.

https://www.coindesk.com/business/2023/03/04/multicoin-capitals-hedge-fund-lost-914-last-year-investor-letter-reveals/

This is the best they can do. It’s all they have. This lazy, tired narrative. https://twitter.com/techreview/status/1630584734752358404

Zaps are better than likes. This place is going to be wild soon.

I’ve been around long enough to have read Burniske’s book on “Cryptoassets.” The book had a valuation model for these assets that was essentially nonsensical. Of course, he wrote it so early that prices of each of these assets is much higher than they were then. This gives him validation, but it’s false validation. Like the guy who successfully predicted the stock market crash of 1929 by applying the law of gravity to stock prices, this won’t end well for him. https://twitter.com/cburniske/status/1627194609054146560

They will blame inflation on everything except the growth in the money supply. https://finance.yahoo.com/news/inflation-remain-sticky-decade-gen-231256105.html