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A comment on Nouriel Roubini: Bitcoin is not a hedge against tail risk. Parent comment

Re:Nouriel Roubini: Bitcoin is not a hedge against tail risk by SideburnsOfDoom on Wednesday February 10, 2021 @12:36PM (#26092233)
It's the "bitcoin is good because I have it" narrative.

That doesn't make it an equitable or even workable economic system.

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Re:Nouriel Roubini: Bitcoin is not a hedge against tail risk by PragmaticPulp on Wednesday February 10, 2021 @12:51PM (#26092456)
Bitcoin is like an MLM for nerds.

Just get in at the ground floor and then promote it to everyone you know. They’ll invest, which makes money for you, and they’ll tell friends, who will invest...

[ Parent | on HN ]