UC-Berkeley’s Nicholas Weaver has been studying cryptocurrency for years. He thinks it’s a terrible idea that will end in disaster.
UC-Berkeley’s Nicholas Weaver has been studying cryptocurrency for years. He thinks it’s a terrible idea that will end in disaster.
anyone who thinks the stock and bond markets to be a positive sum game have skipped the last 100 years of financial history :)
It depends. For the stock market investor it is basically another way to gamble with the money, but for the companies getting the money it can be a very good source for bootstrapping needed investments. Of course only if it is used for such and not only to pay off extreme profits by early VC investors or founders.