Lolz dafuq. Gotta be kidding me with this comment, and I hope it’s a joke.
Comment on Paul Krugman. Former Professor of Economics at the Massachusetts Institute of Technology
HumanOnEarth@lemmy.ca 3 weeks ago
He should’ve taken an economics course.
just_another_person@lemmy.world 3 weeks ago
HumanOnEarth@lemmy.ca 3 weeks ago
Not at all.
Predictions for the price of Bitcoin in 2030? Give me a number. And then don’t forget it.
just_another_person@lemmy.world 3 weeks ago
Again…people don’t actually use it to buy anything. It has no tangible value aside from people buying.
Hasn’t it lost like 15% of its value this week?
HumanOnEarth@lemmy.ca 3 weeks ago
forbes.com/…/bitcoin-is-a-step-closer-to-being-mo…
Isn’t it worth 95,000?
I’ve been having conversations with doubters since it was 2,000 dollars. I wouldn’t waste your breath on me. I’ll be alright.
explodicle@sh.itjust.works 3 weeks ago
It’ll be worth exactly one bitcoin
lol_idk@piefed.social 3 weeks ago
I’m downvoting you just to reinforce the idea that no one here gets sarcasm
Warl0k3@lemmy.world 3 weeks ago
They’re not being sarcastic, unfortunately they have gone on to double down. Rare hivemind W on this one.
explodicle@sh.itjust.works 3 weeks ago
Krugman is firmly Keynesian school. Where are they teaching whichever school of economics is Bitcoin maximalism?
Warl0k3@lemmy.world 3 weeks ago
Youtube.
Warl0k3@lemmy.world 3 weeks ago
He has won a nobel prize for his work in economics.
cannedtuna@lemmy.world 3 weeks ago
Prime “don’t you know who I am?” material right there
HumanOnEarth@lemmy.ca 3 weeks ago
That’s a shame
“What problem does this technology solve? What does it do that other, much cheaper and easier-to-use technologies can’t do just as well or better? I still haven’t heard a clear answer."
Bitcoin (not crypto) solves the problem of centralization and control of money. It is a harder form of money than gold. You can send a billion dollars for pennies across the world in 10 minutes. It is completely transparent. It can provide access to finance to people who are traditionally excluded. It cannot be censored.
If he hasn’t heard a clear answer, it’s because he’s willfully ignorant at this point. And again, crypto is 99.9% BS. Bitcoin was not the first crypto, and it won’t be the last crypto, but it is the only one of its kind and if north of a trillion dollars doesn’t convince you of that, including institutional money, then nothing will and I invite you to invest in the stock market instead and hope inflation doesn’t steal your retirement away.
Warl0k3@lemmy.world 3 weeks ago
No it doesnt, 51% attack, please do hush. It’s the same reason TOR is probably compromised - we can’t actually detect if one has happened.
khannie@lemmy.world 3 weeks ago
I can’t even fathom what the cost of trying to implement a 51% attack on bitcoin would be.
HumanOnEarth@lemmy.ca 3 weeks ago
🤣🤣🤣🤣🤣🤣
deafboy@lemmy.world 3 weeks ago
In such case, the Nobel commitee shoud probably set higher standards.
Warl0k3@lemmy.world 3 weeks ago
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