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RE: New bitcoin critic in the bloc - Steve Eisman
Well, that's not even a real critique. He just said he doesn't understand what he's looking at, so he doesn't go near it, speak positively about it, speak negatively about it, or invest in it. That's honestly very sound advice for everyone going into Crypto right now. If everyone followed this concept, we would all be better off...
No one from the financial world who disses cryotocurrencies, offers any real critique tbh. If they offer any critique, its quite rare.
While he stated he doesn't know what he is looking at, stopping at that point probably makes more sense.
"During his presentation, Eisman stated that the reasons why Bitcoin and other cryptocurrencies had gained popularity were two fold. Firstly, they were a tool for people to speculate with. Secondly, that money launderers were using them to clean cash."
Associating it with money laundering and saying it has no use case is a criticism and negative speech, definitely not a critique. If someone doesnt get it, they should say so and leave it at that point.