Why Most Educated People Fail to Understand Bitcoin

So Dr Doom is not stupid after all, he might just be uneducated! 😊

I also found the same to be true with most otherwise educated people I discussed Bitcoin with. They are not stupid by any means, but they just fail to see the value proposal of Bitcoin, which requires basic understanding across many disciplines, such as economy, computing, cryptography, banking, and more. While consistently complaining about rising prices, most of them were even unaware of the mechanisms behind inflation.

Submitted March 17, 2019 at 11:11PM by patriceac https://ift.tt/2TbYA59