News for hackers. Stuff that matters.
Re:Pumping Iron by seibelj on Sunday March 14, 2021 @03:03AM (#26453382)
Fantastic article from the man, the myth, the legend. He is a billionaire and wanted by the law, but supposedly he may turn himself in soon https://www.bloomberg.com/news/articles/2021-03-03/bitmex-s-...

Article is superb. Explains very clearly the bull case for crypto and the macro environment we live in caused by the money printers. I agree that we are headed for an extreme outcome from all of this “free” money. Hold onto your butts!

Re:Pumping Iron by kylebenzle on Sunday March 14, 2021 @06:43PM (#26460207)
I feel the same but have been saying the same thing for like 10 years.

Ever since Q1 the petro-dollar has been help up by not much more than the threat of violence.

Re:Pumping Iron by Jouvence on Sunday March 14, 2021 @06:15AM (#26454082)
The repeated references to Breton Woods/petrodollar reminds me of when Nigel Farage kept banging on about Habeas Corpus during the Brexit debates. To put it another way, this sounds like the lunatic ramblings of a homeless man hanging around a bus station.

What happens if a month from now, some major governments decide "the environmental impacts of bitcoin have become ludicrous, have yourselves an 80% transaction tax to cover the CO2 cost"?

Re:Pumping Iron by lupire on Sunday March 14, 2021 @02:54PM (#26457772)
There's no need to add irrelevant disparaging remakes about people who don't have homes.
Re:Pumping Iron by prohobo on Tuesday March 16, 2021 @03:53AM (#26474042)
As a professional hobo I resent your smear against bus station economists.
Re:Pumping Iron by dvh1990 on Sunday March 14, 2021 @05:55AM (#26453987)
Good article, one question: "We talked about Bitcoin for half the meeting. I asked him if he owned any, and he said no, but he tells all his clients they should own it. "

If it is such a brilliant hedge, why doesn't he own any?