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To the people on HN who constantly try to talk about how stupid cryptocurrencies are, or how it's all a pyramid that's going to collapse, it's all stupid etc.
by blhack 6y ago
To the people on HN who constantly try to talk about how stupid cryptocurrencies are, or how it's all a pyramid that's going to collapse, it's all stupid etc.
What do you know that Tesla doesn't know? If you could sit down with the board of Tesla and explain to them what they've missed, what would you tell them?
- boublepop 6y agoYour asking the wrong question. What does the board of Tesla know that the average investor doesn’t know? Obviously that no matter the value, news like this will spike the price of Bitcoin. So they just made a huge profit just by slowly aquiring a security, then pumping its price and eventually dumping it. Quite an ingenious scheme there. You have to wonder how it will play out long term though.
- ad31mar 6y ago> You have to wonder how it will play out long term though. Wow, second-order thinking! I bet no one considered this.