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by GW150914 2819 days ago
The article itself is... not worth commenting on, but I’ll just comment on the irony of referring to Bitcoin as a “meteor” when far from enjoying a meteoric rise, it has crashed and burned. Beyond that, it looks like they don’t actually refute any arguments, just float the lazy idea that the economists in question are protecting their jobs because crypto would... ruin them? Because reasons?

It seems like the equivalent of someone preaching homeopathy and saying that doctors who don’t like it are just protecting their jobs because if homeopathy takes off, they’re ruined. Only it’s somehow even more poorly presented in this article. You know the routine, pharmaceutical companies are hiding the miracle cure for cancer to make money on treatments, but... with crypto.

How did it come to this?!