This guy may have made sense, though I suspect he's a Democrat. Apart from early holders making a killing off Bitcoin, how has it benefitted the world economy? Your opinion though...
Nobel Prize-winning economist Paul Krugman said that Tech-bro's support for Trump and Vance seems to be related to cryptocurrency/ He said that in reality. Bitcoin is still economically useless and useful just for money laundering and extortion. He described Trump's call for the creation of some kind of national Bitcoin reserve as equivalent to the government rescuing a
scandal-ridden, value- and environment-destroying industry.
https://www.nytimes.com/2024/07/29/opinion/vance-trump-cryptocurrency.html We can all give our own opinion about Bitcoin but it wouldn't make sense when we are trying to tag Bitcoin to look bad in the eyes of people that have less knowledge about it. If he thinks he hate Bitcoin, that's fine but it must not be to this extent. There are countries that are holding high amounts of Bitcoin in their portfolio and the value keep increasing as the price of Bitcoin keeps going bullish. I think he should talk more about Bitcoin not adding value but we have seen many holders that have made a lot of money from Bitcoin. Just imagine buying Bitcoin at low price and selling at a very high price, this is profits and no one wants to think that Bitcoin has no value at all when their are so many investors making huge money from it.