Re:When Bitcoin miners take over a town (2018)
by tkgally on Sunday February 21, 2021 @10:14PM
(#26220432)
Yes, the shoeshine boy! That was the story I read. Probably it was in 2008, too. Thanks for the clarification.
Re:When Bitcoin miners take over a town (2018)
by mtalantikite on Sunday February 21, 2021 @10:38PM
(#26220595)
I’ve also heard it attributed to Joe Kennedy, who supposedly went on to short the market as the Great Depression was about to hit.
The fable about Henry Ford has rarely been as apposite as now. During an American recession, the shoeshine boy on the sidewalk gave Ford some tips on the stock market. Ford's response: "When the shoeshine boy is telling you what to buy, it's time to sell!"
For what it's worth the first hit I got searching for it was from January 2008...