"This shouldn’t even be a public debate. It’s like the public debating and voting on the graphite reactors that prevent a nuclear reactor from overheating and melting down. There are certain things you should let the engineers decide." – Nick Szabo (reddi

Taken from the Tim Ferris Podcast interview with Nick Szabo and Naval Ravikant. Audio Version Transcript Tim Ferris: Nick, what are the biggest misconceptions or common misunderstandings related to cryptocurrency or Bitcoin? If there’s anything where you’re like “God, this drives me nuts. If I hear…

Bitcoin

Bitcoin @ $1 – ‘Only good for libertarian neckbeards’ Bitcoin @ $10 – ‘Only good for druggies and darknet markets’ Bitcoin @ $100 – ‘The Gov are gonna shut it down’ Bitcoin @ $1000 – ‘Pump and dump on ETF rumours’ Bitcoin @ $5000 – ‘Deflationary currency will never work’

Wrong. Wrong. Wrong. Wrong. Wrong.

The goalposts forever move, honeybadger gives not one fuck.

submitted by /u/Essexal
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Bitcoin