UC-Berkeley’s Nicholas Weaver has been studying cryptocurrency for years. He thinks it’s a terrible idea that will end in disaster.
I always find it interesting that many of the harsh criticisms of cryptocurrency can be said of traditional currency and other assets. In the interview he even stated that the crypto world is speeding through the growing pains traditional markets had when they were not regulated.
But now traditional currencies are regulated and no longer suffer from those problems, but cryptocurrencies are going through the same problems causing quite a few problems.
This article is great.
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It’s probably because he’s jealous. To the moon!
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Damn it, I was hoping that it was obvious :(
What I do with my own time and money does not concern Mr Nicholas Weaver.
sure, but that’s such a childish response
But it’s true. I don’t need to justify how and why I spend my money.
Why are you taking this guy’s opinion so weirdly personal?
It’s the attitude I have a problem with: some people are so arrogant that they think it’s ok to decide for others.
I don’t think anyone is deciding for you. Someone commenting on a subject doesn’t inherently imply they’re making decisions for the people related to said subject.
You don’t need to, but it would be healthy.
It absolutely does, because if you’re dabbling in crypto, it affects others too
