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Monday, November 13, 2017

Crypto News: Big Short Author: Definitely a Link Between Bitcoin and the Chaos in the US Federal Government

Big Short Author: Definitely a Link Between Bitcoin and the Chaos in the US Federal Government

“What about [the psychology of] bitcoin? Because, I think people are starting to feel, okay, is this real or is this …,” Ms. Rogers began. Mr. Lewis quickly interrupted, “Well, it exists right!”

She continues, “Well, but now we have more people coming out, commenting on it that are, you know, real thinkers that aren’t telling us this is a fraud — although we still have Jamie Dimon and Warren Buffett and all those people. But we have a lot more coverage coming from Wall Street. We have the CME coming out with the futures contract. So what are you thinking about bitcoin?”

Mr. Lewis began, “Bitcoin is money without a central authority, and money without a central bank or government, [without] needing a government. So what drives its value? The distrust of central authority and the feeling that maybe the governments aren’t going to work,” he pointed out.

“There’s definitely a link between whatever bitcoin is doing and the chaos in the federal, in the US federal government,” he emphasized.


Full story at http://bit.ly/2hxTrHM


Source: Bitcoin News


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