Damus
Nicholas · 81w
I listened to him intently in the 2005-13 time frame. He talked a lot of sense. I took his words with some weight. He made an amazing speech at the American Mortgage association. This led to many "P...
StackSats.IO profile picture
Show me the incentive and I’ll show you the outcome.

When you consider Schiffy’s incentives it becomes clear why he has BDS - he wants gold to pump for his heavy bags and is too committed to the pot to change now.

He’s literally cost himself Billions (dude had a fucking bank, he had PLENTY of cash) and his ego will not allow him to accept he was wrong.
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Nicholas · 81w
There is an old proverb "Pride before a fall".
Nicholas · 81w
Even if Bitcoin were to reach astronomical valuations or become more widely used for everyday transactions, Schiff has stated that he would still not consider himself wrong. This stubborn stance has raised questions about his motivations and whether his criticism is based on sound financial analysis...