RE:Bac0ns Take Kevin O’Leary, mark Cuban, Jim Cramer
JP Morgan. GoldmanSachs, Morgan Stanley.
etc etc etc etc..
the list is endless. Of people and institutions that trashed crypto for the last decade! Without having any understanding of it. And now these same people / institutions, are suddenly jumping on the bandwagon and are described by the media as "crypto experts" .. you have 60 year old boomers who can barely check their email being called "bitcoin fundamental experts.
not a single one of them could describe how it actually works. Explain to me what a sha256 hashing algorithm is? .. explain to me how public private key pairing works and why it's important.. explain to me the cryptographic relationship between blocks that form the "blockchain" ..
no one can. None of them have a fuking clue. But yet we are bombarded with these idiots and their bad takes 24/7, painful.
the blind leading the blind..
don't get me wrong I like taking money from idiots. But having to listen to them to understand how misinformed they actually are is painful. Truly.. PAINFUL.
pretenders used to be called frauds.
now they are given a prime time TV show and listened to by other pretenders. And once the audience of idiots gets large enough, suddenly it's considered truth...
God help us all
*shoots tequilla*
-Bac0n
Bac0n wrote:
So many people just say words without any understanding of what they mean.
Why don't these people just try to actually learn things instead of pretending?
truly depressing to see people would rather play the role of an investor, as opposed to actually becoming one..
these are the Instagram "models" of the investing world, whether it's people pretending they understand how the market works. Or pretending they understand the technology behind bitcoin. Most voices both on this board, and even on TV.. have no clue what they saying
"bitcoin should convert away from PoW Into PoS"
-idiot on Bloomberg who's name isn't important enough to remember.
"Id rather own bananas instead of bitcoin, at least I can eat bananas"
-Mark Cuban (before he also became a pretender)
"Hive has a lot of institutional buyers"
-Greendaze. This statement is backed by nothing.. organizations buying bitcoin.. means nothing for hive. Who barely mines bitcoin compared to the competitors.
like.. why.. why do all these people put so much time and effort into pretending. Instead of just using that time to ACTUALLY LEARN.
There's a reason my Investor account has the balance it does. I spent years learning and accumulating.. over and over and over...
be someone who learns. Not someone who pretends.
*sips scotch*
-Bac0n