Bitcoin is taking a dump with all the other shtcoins

Krugman is the result of centuries of inbreeding.

As a member of the ruling tribe, he gets foisted in us as an intellectual.

He is a moron, an idiot

Just you wait. We are early bro. those who join in now will moon 🚀 Wejo to the moon too 🚀

Were they saying the same thing 2-1/2 years ago? Five years ago? Ten?

As I said, idiots created by centuries posing as intellectuals

Centuries of inbreeding that is

We are early

Few understand , very few

markets.businessinsider.com

Microstrategy said it would face a margin call and be forced to sell some of its crypto if bitcoin falls to $21,000

Matthew Fox

MicroStrategy could avoid being forced to sell its bitcoin at a lower price than it bought it if the company adds more collateral to its loan.

Open link

Definitely taking a dump

He’s not incorrect. BTC has evolved slowly, especially in comparison to other cryptos, and has failed to materialize a proof of concept use-case that replaces anything in traditional banking and finance. Decentralization and trust simply aren’t a part of the modern financial world.
However, I am not sure Krugman is the best person to listen on emerging technology.

Krugman in 1998, “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s”

Such an amazing store of value

Bitcoin is only down 24% ytd.

https://www.coinbase.com/price/bitcoin

Bitcoin is down 35.77% over the last year im seeing

And it’s quoted in stablecoin with possible problems with liquidity so there you go

cnbc.com

New York is close to a bitcoin mining crackdown — here's what that means for the industry

https://www.facebook.com/CNBC

Lawmakers sponsoring the legislation say they are looking to curb the state's carbon footprint.

Open link

So shtcoin miners prob go to shthole Texas and Wyoming most likely

ahh man

This is like saying "most people with a medicine background think COVID 19 vaccinations are a scam." I'd like to see a survey and not trust twitter personalities.