RE: Bitcoin: An Unknowable Bubble? | Zero Hedge
An economics professor telling people to get in the real world. Now isnt that special?
Wow, his models didnt work...nor did his fractals...nor did any of his other economic theory that is used by the banksters to swindle the masses. This guy is about is as worthy to listen to as Jamie Dimon.
His espousing of gold should tell you all you need to know about his agenda. Gold is only valued, like anything is valued, because people decide it is. And what is ironic is he talks about the scarcity of gold while while slamming the lack of liquidity of Bitcoin. Isnt a lack of liquidity another way of saying scarce.
Finally, what does Bimex have to do with bitcoin? Bimex trades in derivatives....that is like saying you dont think people should buy a housing because the average person has no idea about housing derivatives and how they work. Who cares about butterfly options when you are buying bitcoin? Do they come into play? Of course not.
Another hack slamming bitcoin...I give him credit, he knows who his masters are.