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If it's so biased and opinionated, what is its value to HN readers? Is there any merit to his opinion? Is there any proof?
by kebman 5y ago
If it's so biased and opinionated, what is its value to HN readers? Is there any merit to his opinion? Is there any proof?
- temp8964 5y agoMaybe next month the guy can write another post: "How to lose money quickly" and gets on the front page again! Win-Win!
- kebman 5y agoBy his own analysis, he won't lose much, but enough to get annoyed. Looking forward to it! Anyway, I'll give the post this, though. It prompted some good replies, to no credit to the original author.
- caf 5y agoI don't know what other people found interesting, but personally I found it mildly interesting to see the reasoning about choice of financial vehicles to "short bitcoin" without actually literally short-selling bitcoin. The author's opinion about bitcoin is neither here nor there.
- microtherion 5y agoI agree. One of the problems with betting on the decline / collapse of an asset is finding counterparties that are likely to pay up if you win (a problem that some investors faced in 2008, e.g.), and while you may quibble with the author's investment thesis that there will be a decline / collapse, I think his choice of counterparties is quite sound.