Tag:

cryptocurrency

Max Keiser goes insane at Nexus Conference Part 2: closing statement is an own-goal against BitCoin

Yesterday, I refuted Max Keiser’s most unemotional, well-thought out argument during the Keiser vs. Schiff debate at the 2017 Nexus Conference.

Today, I’m posting a correction.

Keiser’s most unemotional, well-thought out argument actually happens in his closing statement, where he made a strong case against BitCoin:

You did

Read more

Max Keiser goes insane at Nexus Conference! Why his strongest argument for BitCoin is weak

BitCoin cheerleader Max Keiser recently “debated” gold bug Peter Schiff at the Nexus Conference.  It wasn’t a debate.  It was a comedy show.

Just to clarify right away, I am not making a case for gold over cryptocurrencies. My position is that both are overinflated by the debt bubble (see There’s no use arguing BitCoin vs. gold)… Read more

Complexity doesn’t sell — “you don’t understand cryptocurrencies” is not an argument

Saying “you just don’t get it” is a persuasion tactic normally held by stakeholders trying to make the sale. It implies that skeptics are too dumb to understand. It persuades people to side with the cool kids so that they can hurl the same arrogant insult to other naysayers. BitCoin and cryptocurrency holders are supposedly brilliant fo… Read more

Central banks, big media and big corp show off their market manipulation skills: BitCoin drops 30% off its highs in past 30 days

In my two previous articles There’s no use arguing BitCoin versus gold and When non-tech savvy people talk about BitCoin, is it a sign of a bubble at its peak? I asserted that BitCoin behaves like a commodity, like gold, and public psychology ultimately determines its value. If the public perceives it as worthless, its value will drop to zero.

A main t… Read more

There’s no use arguing BitCoin versus gold

BitCoin and cryptocurrency forums have been reacting emotionally to arguments illustrating the flawed technical fundamentals of cryptocurrencies.

Just google bitcoin+ponzi, bitcoin+intrinsic value, bitcoin+myspace, etc. All arguments have been made. Honeybadger doesn’t care. It moves onwards & upwards.

Anyone who’s longer

Read more