Bitcoin Forum
August 15, 2018, 11:36:37 PM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2017-10-20] Wall Street Analyst Gary Shilling: I Don’t Understand Bitcoin  (Read 128 times)
tyz
Legendary
*
Offline Offline

Activity: 1638
Merit: 1024


View Profile
October 20, 2017, 06:06:28 PM
 #1

Wall Street Analyst Gary Shilling: I Don’t Understand Bitcoin

Gary Shilling, a prominent and highly regarded Wall Street financial analyst, recently said in an interview that he doesn’t understand Bitcoin and do not intend to invest in “things that are not transparent.”

While his statement was factually inaccurate, as Bitcoin is the most transparent financial network in existence due to its decentralized blockchain network, it is optimistic to see investors acknowledge their lack of knowledge in Bitcoin, rather than simply calling out Bitcoin as a “bubble” or a “fraud,” as figures such as JPMorgan CEO Jamie Dimon did in the past.

https://www.cryptocoinsnews.com/wall-street-analyst-gary-shilling-dont-understand-bitcoin/

            ▄▄████▄▄
        ▄▄██████████████▄▄
      ███████████████████████▄▄
      ▀▀█████████████████████████
██▄▄       ▀▀█████████████████████
██████▄▄        ▀█████████████████
███████████▄▄       ▀▀████████████
███████████████▄▄        ▀████████
████████████████████▄▄       ▀▀███
 ▀▀██████████████████████▄▄
     ▀▀██████████████████████▄▄
▄▄        ▀██████████████████████▄
████▄▄        ▀▀██████████████████
█████████▄▄        ▀▀█████████████
█████████████▄▄        ▀▀█████████
██████████████████▄▄        ▀▀████
▀██████████████████████▄▄
  ▀▀████████████████████████
      ▀▀█████████████████▀▀
           ▀▀███████▀▀



.SEMUX
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
"There should not be any signed int. If you've found a signed int somewhere, please tell me (within the next 25 years please) and I'll change it to unsigned int." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534376197
Hero Member
*
Offline Offline

Posts: 1534376197

View Profile Personal Message (Offline)

Ignore
1534376197
Reply with quote  #2

1534376197
Report to moderator
iamTom123
Hero Member
*****
Offline Offline

Activity: 490
Merit: 501



View Profile
October 20, 2017, 06:18:33 PM
 #2

Wall Street Analyst Gary Shilling: I Don’t Understand Bitcoin

Gary Shilling, a prominent and highly regarded Wall Street financial analyst, recently said in an interview that he doesn’t understand Bitcoin and do not intend to invest in “things that are not transparent.”

While his statement was factually inaccurate, as Bitcoin is the most transparent financial network in existence due to its decentralized blockchain network, it is optimistic to see investors acknowledge their lack of knowledge in Bitcoin, rather than simply calling out Bitcoin as a “bubble” or a “fraud,” as figures such as JPMorgan CEO Jamie Dimon did in the past.

https://www.cryptocoinsnews.com/wall-street-analyst-gary-shilling-dont-understand-bitcoin/


That is not a very surprising statement coming from a man who is making his living in the traditional financial institutions. Anyway, what is clear is that he is not that interested with Bitcoin and we don't need him anywhere near any of us. People who are open-minded with cryptocurrency would be welcoming any innovation that can really change the way we do things and the way we are seeing the world.

While I respect his own attitude regarding Bitcoin, he is actually professing an ignorance here. Anybody who wants to have a better understanding with Bitcoin can do so with the help of Google and YouTube. We already have many resources that anyone can use to explore Bitcoin and cryptocurrency in general.

Ignorance can sometimes be prevailing when the really problem is the attitude.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!