Bitcoin Forum

Economy => Economics => Topic started by: solex on April 10, 2013, 10:19:17 AM



Title: Ultimate Test: For or Against Bitcoin
Post by: solex on April 10, 2013, 10:19:17 AM
    Bitcoin. The Ultimate Test for Economists and Economics bloggers

    Which economist is a vast know-nothing wind-bag, and which deserves his or her badge of honor as an econo-genius?

    • Karl Denninger Against
    http://market-ticker.org/akcs-www?post=219284
    • Paul Krugman Against
    http://krugman.blogs.nytimes.com/2011/09/07/golden-cyberfetters/
    • Adam Posen Against
    https://twitter.com/AdamPosen/status/319614427445993474
    • Nouriel Roubini Against
    https://twitter.com/Nouriel/status/321432357615845377  
    • Pater Tenebrarum For
    http://www.acting-man.com/?p=22571

    • Michael Shedlock Silence

    As they make their positions known more will be added to the list


    Title: Re: Ultimate Test: For or Against Bitcoin
    Post by: Pteppic on April 10, 2013, 10:38:03 AM
    Adam Posen, ex member of the Bank of England's Monetary Policy Committee - Against

    https://twitter.com/AdamPosen/status/319614427445993474 (https://twitter.com/AdamPosen/status/319614427445993474)

    It takes a lot of front for an ageing QE instigator to dismiss bitcoin using a popular culture reference...


    Title: Re: Ultimate Test: For or Against Bitcoin
    Post by: solex on April 10, 2013, 10:46:14 AM
    Adam Posen, ex member of the Bank of England's Monetary Policy Committee - Against

    https://twitter.com/AdamPosen/status/319614427445993474 (https://twitter.com/AdamPosen/status/319614427445993474)

    It takes a lot of front for an ageing QE instigator to dismiss bitcoin using a popular culture reference...

    Thanks for that one. This is going to be an interesting list when BTC stabilizes somewhere above $1000 ..  :)


    Title: Re: Ultimate Test: For or Against Bitcoin
    Post by: chrsjrcj on April 10, 2013, 10:51:54 AM
    Adam Posen, ex member of the Bank of England's Monetary Policy Committee - Against

    https://twitter.com/AdamPosen/status/319614427445993474 (https://twitter.com/AdamPosen/status/319614427445993474)

    It takes a lot of front for an ageing QE instigator to dismiss bitcoin using a popular culture reference...

    Wait. He posts a picture saying Twitter is for stupid people....while he's on Twitter???!!!???


    Title: Re: Ultimate Test: For or Against Bitcoin
    Post by: Operatr on April 10, 2013, 11:09:11 AM
    These idiots have proven they don't understand the fundamentals behind Bitcoin and view it as just some fad Internet funny money like all those .com busts of the early 2000's, like Flooze.

    So be it, leave them to champion their dying meat-world currencies. Sorry I don't have one to add


    Title: Re: Ultimate Test: For or Against Bitcoin
    Post by: NikolaTesla on April 10, 2013, 03:09:56 PM
    Doesn't surprise me most of the mainstream mouthpieces have boughten into Keynesian propaganda and couldn't see good sense if it smacked them in the head. Oh well, we'll let our bank accounts do the talking at the end  ;D


    Title: Re: Ultimate Test: For or Against Bitcoin
    Post by: w00t on April 10, 2013, 05:01:06 PM
    I have no idea if it is just ignorace (not enough knowledge) or persuit for own benefits (they are heavily invested in Gold) but I think later some of them will change their mind later at time.


    Title: Re: Ultimate Test: For or Against Bitcoin
    Post by: Operatr on April 11, 2013, 12:54:01 AM
    Doesn't surprise me most of the mainstream mouthpieces have boughten into Keynesian propaganda and couldn't see good sense if it smacked them in the head. Oh well, we'll let our bank accounts do the talking at the end  ;D

    More like the lack of bank accounts 8)