So much ignorance in the letter yet a few words here and there from a wise man of the past. Here he says something which we know is gonna happen in the next 50 years or so.
If the U.S. doesn’t get its debt under control, if deficits keep ballooning, America risks losing that position to digital assets like Bitcoin.
A proof to his ignorance is the word "tonenization" he uses again and again to prove the worth of ETFs.
Every stock, every bond, every fund—every asset—can be tokenized. If they are, it will revolutionize investing.
Another ignorance masterpiece.
Without massive investments in energy generation and transmission…we’re going to face an unacceptable tradeoff: Who gets the electricity—people or machines? And a society that chooses to cool its servers while its citizens swelter—or freeze—has fundamentally misplaced its priorities.
Is this anothr attack on Bitcoin mining? I now doubt Fink has ever gone through the fundamentals of Bitcoin.
Still I'm not sure why Bitcoin Magazine is cheering it.