Paul Krugman shyts on bitcoin

[Geek Nasty]

It's way too volatile to be a real currency

^ any explanation longer than this is too long

And it's not backed by ANYTHING or ANY INSTITUTION. The number of cases of exchange managers running off with all the BT is all the discouragement I need

 

[re'up]

Dimon, Buffett, and another heavyweight have all said the same thing, recently, in all fairness. Still considering it.

 

[ogc163]

@88m3

What goes down first Bitcoin or NYC Real Estate?

 

[ogc163]

Son if pensions get in on this stuff.

 

[ogc163]

 

[theworldismine13]

Buy bitcoins brehs, seriously, no sarcasm

Crypto currencies are the future

 

[TLR Is Mental Poison]

When is the last time Paul Krugman was right about anything

 

[88m3]

@88m3

What goes down first Bitcoin or NYC Real Estate?

Well Bitcoin has always seemed like a Ponzi scheme/money laundering instrument. With global government pushback its value will be decimated.


NYC real estate has already plateaued and is falling on the high end and will in outlying areas that aren't getting serious rezoning. The sub 1MM market should stay relatively stable 10-20% losses.

With NYC real estate as long as you're not over leveraged when rents fall you'll be fine. I know which I'd rather own

 

[Professor Emeritus]

Everyone talking about bitcoin and ignoring what he said about gold. (Which, at this moment in the real world, is far more consequential.)

We spend millions of dollars, foment wars, support dictators, and destroy natural environments in order to dig up gold....just so we can melt it into bars and then put it back underground again.

 

[ogc163]

Neo-Nazi wealth is rapidly growing. Why? Bitcoin

 

[Losttribe]

I have a feeling he's sold more than dreams.

By 2005 or so, it will become clear that the Internet's impact on the economy has been no greater than the fax machine's. - Krugman in 1998

http://en.wikiquote.org/wiki/Paul_Krugman

I actually agree with Krugman, but I'm not sure he has much authority as it relates to technology and finance.

So what I'm gathering is...


Never trust zionist that pretend they arent zionist or fake ass elitist like Krugman.

 

[null]

The number of cases of exchange managers running off with all the BT is all the discouragement I need

Exchanges are intermediaries.

 

[Mook]

This dude really said that??? By 98 I was fukking AMAZED at where computer tech was and I knew that there was only one way to go but up. This dude must have been like one of 5 people in America who thought this shyt lol

Bill gates once said that he doesn't think ram will get more than 512 mb. He was like what you need that for.

There's an old thread on a newsgriup where a guy said you'd have hard drive with like 200mb. They shytted on him.

 

[ogc163]

Why Are So Few Black People Using Bitcoin?

 

[ogc163]