2020-12-21 CNBC - Why betting on bitcoin is harmful to the U.S. dollar: Morgan S

[cr1776]

Why betting on bitcoin is harmful to the U.S. dollar: Morgan Stanley's Ruchir Sharma
Ruchir Sharma, chief global strategist at Morgan Stanley Investment, says evolving blockchain technology has led to the growth of bitcoin and as more people invest in the cryptocurrency, it can harm the U.S. dollar and weaken democracy. He joins 'Closing Bell' to discuss.
https://apple.news/AsIjmR1UeQb-AMiZXiMGGDg

He mixes cause and effect. It isn't "betting on bitcoin" that is harmful to the US dollar (or any other potential reserve currency), it is the policies of extreme money printing that all the central banks are engaged in that is harmful to all fiat currencies.  Bitcoin is a tool to protect yourself and the product of your life from bad policies engineered by elitist authoritarians around the world.

He kind of touches on that in the video, but not completely.

It is like saying chemotherapy is bad for oncologists because it might hurt their practice if someone is cured. Honest doctors would be fine with that since they want people healthy. Dishonest ones would prefer to keep the cancerous money printing going and then complain about a treatment.

Any form of competition for sound money is a good thing.

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[acquafredda]

Thanks for sharing this news and I agree with your comment.
On a different note, allow me to suggest how to properly post in this section 
There is no need to put the source in the headline. If there is not enough space try to be creative. In your case I would have used the following headline:
[2020-12-21] Why betting on BTC is harmful to the U.S. Dollar

 

[cr1776]

Thanks for sharing this news and I agree with your comment.
On a different note, allow me to suggest how to properly post in this section  
There is no need to put the source in the headline. If there is not enough space try to be creative. In your case I would have used the following headline:
[2020-12-21] Why betting on BTC is harmful to the U.S. Dollar

 

Thanks for the note on "properly posting".  However, prior to doing so, you might want to read the sticky at the top though since you are incorrect.

The expected post format is described in it, even in the subject.  It says:

"POST FORMAT: YYYY-MM-DD SITE - HEADLINE"
with a discussion here:
https://bitcointalk.org/index.php?topic=246823.0

The site is expected. Likewise, the headline from that site is expected.

I am not sure where you saw something else for this section, but the number of people who either ignore the 2nd sticky item in the Press section or choose to ignore it is staggering.  No brackets, including the date, site and headline from that site.

People ignoring it and doing their own thing has been going on pretty much since this section was created as you can see from the thread linked to above.

[acquafredda]

I am sorry.
I recognized I was mistaken basically since starting posting here. Thanks for pointing that out to me and from now on, I will use that format.
Everyone on this board completely derailed from those guidelines long ago actually.

I will do my best to properly format the title from now on.

I hope you will excuse my careless reply written above. 

[cr1776]

I am sorry.
I recognized I was mistaken basically since starting posting here. Thanks for pointing that out to me and from now on, I will use that format.
Everyone on this board completely derailed from those guidelines long ago actually.

I will do my best to properly format the title from now on.

I hope you will excuse my careless reply written above. 

No big deal.  :-)

All the best.