43 sats \ 4 replies \ @south_korea_ln 28 Oct \ on: There Is No Paper Bitcoin bitcoin
Curious, in your opinion, do you think this guy is a net positive to Bitcoin?
I follow him on X
He has insight occasionally
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I posted this because he's my devil's advocate here. That's a good question. I feel like I am so biased against Wall Street involvement and the ETFs that I can't be objective. I have despised Larry Fink for years, and in fact IMO reacting against guys like him is why bitcoin exists to begin with. I don't really like this Kreuger guy, nor all the Giovanni power law crap, but maybe it's good for bitcoin thinking about game theory. It provides protection against extreme regulatory crackdown because guys like Fink control the regulators?
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Ok, thanks for elaborating. We're pretty much on the same page then.
I think these few guys also rub me the wrong way because they invoke their former academic credentials (MIT, PhD, etc) and use it as an argument of authority to back their mathematically meaningless models (power law, etc). Grifters that will be washed out, hopefully, when people realize the future cannot be predicted based on past behavior. Happy I got rid of Twitter once more, almost forgot about him.
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I often disagree with Krueger but his perspective is useful to folks unfamiliar with the world of Wall Street
edit: I forgot to mention Krueger has been skeptical of MSTR, which makes him an object of contempt from Saylor fans.
Disclosure: I own shares of MSTR (Roth IRA)
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