Tag:

tech bubble

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

Exploiting the “big data” monopoly: YouTube, Google and Facebook are vulnerable in ways small startups are not

“Big data” is a relatively new domain in software. Programming languages such as Python and R have sharply risen in popularity as they specialize in statistical analysis of large data sets.  Fluency in these languages is a requirement for aspiring employees of Alphabet (YouTube/Google) and Facebook.

“Big data” only exist… Read more

Former Google software engineer James Damore points out the politicization of big tech companies

James Damore is a former Google (parent company Alphabet) software engineer that was fired for sharing his thoughts on discriminatory hiring practices within the company and his suggestions on how to better attract diverse talent.

To prepare for a series of upcoming blog posts on how big tech and social media firms are becoming increasingly detrimental 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

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When non-tech savvy people talk about BitCoin, is it a sign of a bubble at its peak?

I believe nearly all asset classes are in over-leveraged, debt-fueled bubbles.  I believe BitCoin and cryptocurrencies are no exception.

When my folks talk about moving money to BitCoin without much understanding of the technology and its goals such as decentralization and scarcity, I think a market peak has been reached.

The whole “keeping up … Read more

When Facebook stock rises, humanity falls

On Thursday, July 27, 2017, Facebook’s stock jumped nearly 7% in pre-market hours on news of earnings beating estimates and higher numbers of active users.

Good news for stock speculators, bad news for society.

Facebook, in my opinion, is the most unethical of the big “FANG” tech stocks.  It’s a company whose chief product i… Read more