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News related to Crypto / Re: Historian Yuval Noah Harari Expresses Skepticism About Bitcoin, Calls It 'A Curr
« on: Today at 09:17:01 PM »Like I said before, these people have nothing to lose because they are already successful in their careers and have other forms of investment that are good for them. They can afford to miss the opportunity of investing in bitcoins, but can you?I think we should look at another POV instead of focusing on investment opportunities. You can't ignore those who buy at the top and need to wait anxiously for 4 years or so before they break even. It is not wrong to be hopeful that you'll get rich by holding Bitcoin, but the bigger picture is about verifiable currency IMO. Besides, I don't think the main criticism (if any) is related to investment results at all.
I don't expect such statement come from some who supposed to be historian and philosopher. He can't even tell difference between distrust and better transparency/freedom which offered by Bitcoin. He don't even acknowledge reason why some people doesn't trust government so much.That's true. Maybe he is biased because he interacts regularly with the government, and he's yet to get screwed by them. He wrote a book about money, but I don't have access to it so I can't tell how he views money and currency.