Watch everyone FOMO back to BTC as the hash wars are over and suddenly now the sheep realize: *oh shit* BTC is heavily undervalued and oversold 🙄
Grab the popcorn 🍿
Submitted November 26, 2018 at 02:49AM by John_the_Cashist https://ift.tt/2KADDOM
No, Bitcoin is not controlled by a small group of investors and miners (A rebuttal to the TechSpot article)
https://preview.redd.it/vli0ofqwf6w71.jpg?width=3840&format=pjpg&auto=webp&s=2a704c47375637858c27216379ae8313dadf8be8 This could be a long read. Kindly bear with me. I write this primarily in response to the TechSpot article from yesterday ( r/technology mods told me they only allow “ mainstream articles with editorial oversight and fact-checking ” so I'm sharing this here). But I’d also like to take this opportunity to write about Bitcoin more broadly as someone who has been following it for more than a decade and I’ll try to do so without complicating the conversation for anyone unfamiliar with Bitcoin. The TechSpot article cites a non-peer-reviewed National Bureau of Economic Research (NBER) working paper from Igor Makarov and Antoinette Schoar. NBER claims to be non-partisan but it is a private NPO funded by the likes of Bill Gates foundation . The chairman of NBER, Karen Horn, is a former president of the Federal Reserve Bank of Cleveland and Head of Int...
Comments
Post a Comment