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Learning & News => News related to Crypto => Topic started by: sirty143 on May 10, 2024, 12:26:46 PM

Title: ‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But...
Post by: sirty143 on May 10, 2024, 12:26:46 PM
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer

In a recent interview on Bloomberg Television, Steve Eisman of Neuberger Berman, who gained prominence from “The Big Short,” shared insights on the impending U.S. election and his investment strategies... See more for yourself here (https://news.bitcoin.com/big-short-investor-calls-crypto-one-of-the-great-themes-of-our-time-but-hes-not-a-believer/).

Your opinion is greatly appreciated.
Title: Re: ‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’
Post by: robelneo on May 11, 2024, 06:33:07 PM
Those are words of wisdom for Cryptocurrency enthusiasts I think I will now follow Steve Eisman because of his wisdom on how he describes Cryptocurrency in our times, he is on point when describing that Bitcoin is the theme of our times, we now have the internet and now Cryptocurrency we are going out of the conventional and ushering to a new era of technology.
Title: Re: ‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’
Post by: Faisal2202 on May 14, 2024, 08:11:04 PM
I think he believed in practical things, the ones which are being used for what they were made, and BTC is not being used for what it was made, and as time passes people are also losing their anonymity as well, they have to use multiple tools to keep there anonymity. I think AI is the new future of our world, and we should definitely not unseen it over crypto. People are in crypto to make money, some are to enjoy the wonders of technology. But AI is going to be here when we might not be.

There are many AI-based crypto projects, if he (the businessman) is not so interested in BTC or overall crypot then he will be when he will see Crypto based AI projects and then he might become a believer, actually at the current time, a person with some "X" skill will only talk about it or relevant, but won't accept "Y" thing. Here X is AI and Y is crypto. He can make money from X so he will praise it and speculate it, but for a businessman, I don't think its easy to leave Y option as its money making option.
Title: Re: ‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’
Post by: TomPluz on May 15, 2024, 09:20:11 AM

This is a good interview which is putting a balance for people who are involved with cryptocurrency. While Steve Eisman is not into Bitcoin and cryptocurrency and is not actually a believe on the trend, one thing for sure is that unlike some other big personalities he is not criticizing it badly. I am sure he got some basis of his own why he is avoiding cryptocurrency and to some degree I would agree with him...the cryptocurrency market is now lead mostly by speculations in the name of making profits and not anymore on the benefits that the industry can really share with the people. Though, of course, since we are all humans, we are all motivated by greed in many aspects of our lives and this motivation is clearly seen in cryptocurrency business the way we are seeing it now. Without balancing things out, we would reap bad consequences later.