Post
Topic
Board Economics
Re: Everyone Who Believes In Bitcoin Should Try To Answer This Question
by
ScaryHash
on 13/01/2014, 03:17:40 UTC
Brad DeLong is a shrill for the financial industry.

The floor under Bitcoin is formed from central banks and countries devaluing their currencies. The more worthless fiat becomes, the more bitcoin will rise.

It's all in balance.

That's the Ying.

Bitcoin is the Yang, together with gold, form the other side of the rising balance beam.

It's really very simple. Brad DeLong simply doesn't get it, because his bread is buttered by the elitists who control Berkeley, Harvard, and the financial system.

He's a tool.