UC-Berkeley’s Nicholas Weaver has been studying cryptocurrency for years. He thinks it’s a terrible idea that will end in disaster.

  • @angarabebesi@lemmy.ml
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    42 years ago

    anyone who thinks the stock and bond markets to be a positive sum game have skipped the last 100 years of financial history :)

    • poVoq
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      72 years ago

      It depends. For the stock market investor it is basically another way to gamble with the money, but for the companies getting the money it can be a very good source for bootstrapping needed investments. Of course only if it is used for such and not only to pay off extreme profits by early VC investors or founders.