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Pumping Iron

30 pointsby delducaabout 4 years ago

3 comments

seibeljabout 4 years ago
Fantastic article from the man, the myth, the legend. He is a billionaire and wanted by the law, but supposedly he may turn himself in soon <a href="https:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2021-03-03&#x2F;bitmex-s-arthur-hayes-proposes-to-surrender-to-u-s-authorities" rel="nofollow">https:&#x2F;&#x2F;www.bloomberg.com&#x2F;news&#x2F;articles&#x2F;2021-03-03&#x2F;bitmex-s-...</a><p>Article is superb. Explains very clearly the bull case for crypto and the macro environment we live in caused by the money printers. I agree that we are headed for an extreme outcome from all of this “free” money. Hold onto your butts!
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Jouvenceabout 4 years ago
The repeated references to Breton Woods&#x2F;petrodollar reminds me of when Nigel Farage kept banging on about Habeas Corpus during the Brexit debates. To put it another way, this sounds like the lunatic ramblings of a homeless man hanging around a bus station.<p>What happens if a month from now, some major governments decide &quot;the environmental impacts of bitcoin have become ludicrous, have yourselves an 80% transaction tax to cover the CO2 cost&quot;?
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dvh1990about 4 years ago
Good article, one question: &quot;We talked about Bitcoin for half the meeting. I asked him if he owned any, and he said no, but he tells all his clients they should own it. &quot;<p>If it is such a brilliant hedge, why doesn&#x27;t he own any?