This is second Nobel prize winner economist that I read in past few days , giving such bullshit advice. First I encountered in below topic.
https://bitcointalksearch.org/topic/why-do-people-want-cryptocurrencies-such-as-bitcoin-5117968
Just do your own research and do not listen to anybody.
Have you ever wondered why these great economist are not rich and some college dropouts made fortune.
Topic: Beware of nocoiners - page 3. (Read 606 times)
Those tweets and news about Bitcoin from those who we believed to be professionals or experts must be trend on carefully because many of them have once tweeted about new technologies and the revers was the case, like the picture shared by OP. Knowing not the technology make them to give their selfish judgment about the technology; lets beware of them.
It's the ying to the yang of lambos and moons. You have some that will say it's dead Rip and others who will say that it will be the world reserve currency in 5 years.
Just take it as a bell curve and knock the extremes out of the equation.
Just take it as a bell curve and knock the extremes out of the equation.
Be also beware of "oracles" who made us believe that they understood Bitcoin. Because Bitcoin is not a magic financial solution for mainstream consumers. It's a protocol which mainstream consumer financial solutions can be built on top.
Bitcoin might be of more value to people and businesses who look for a secure store of value, a settlement layer, a payment rail, or an unstoppable censorship-resistant cryptocurrency.
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