Media's take on bitcoin: "Expired" - Wired, $13 "Fool's g…
Media's take on bitcoin:
"Expired"
- Wired, $13
"Fool's gold"
- Slate, $131
"Wrong"
- CNN, $333
"Ponzi"
- WaPo, $182
"Joke"
- Biz Insider, $433
"Ash heap"
- USA Today, $208
"Disappointment"
- NY Times, $208
"Spells doom"
- Bloomberg, $532
Replies
Sounds right for BTC.
Why would you trust anything the media says?
Sometimes even fools are right.
BTC fair price is zero. BSV has scaled to Paypal levels and claims of centralization and inherent decreased security are false. So BTC is only essential for sadomasochists.
I don't trust anything that has a price that is not appropriate for its utility. If price is mostly greed driven, it is a bubble. Textbook case: BTC.