This is about the least biased opinion you will ever find in the cryptocurrency space. David Gerard is trying to sell a book, sure, but that incentivizes him to appear knowledgeable and rigorous. There is no money to be made in crashing cryptocurrencies.
The people praising cryptocurrencies because they are quite likely to have a financial stake. On the other hand, it isn't really possible to be short cryptocurrencies so the people criticizing them can't have much to gain. The conflicts of interest mostly flow one way in this case.
Selling an $8 ebook is a financial conflict of interest, but having tens of thousands of dollars riding on the fluctations of cryptoassets is having "skin in the game", which is totally different.
author here - I can confirm that it is never not hilarious when bitcoiners, whose sole topic of conversation is the price of bitcoin in US dollars, can't think of any worse thing to say to me than "but you sell a book for money!!"
If you want to get rich selling books than you have to write about getting rich. These crypto books or self-help books are best sellers. If you write an anti-corruption book, good luck finding readers or someone that believes in your narrative of have fun staying poor.
If you're rich, like Bill Gates, and say crypto is a bad idea, then you're just an old codger holding on to what power you have before the future leaves you in the dust.
If you're not rich, then you're a salty no-coiner who didn't get in on the train early and is now just having fun being poor.
Just focus on the content - NFTs are a scam - putting a pointer to something on a blockchain doesn't not add value and burns a lot of fossil fuels in the process of proving that 1=1.
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[ 3.5 ms ] story [ 35.2 ms ] threadThe people praising cryptocurrencies because they are quite likely to have a financial stake. On the other hand, it isn't really possible to be short cryptocurrencies so the people criticizing them can't have much to gain. The conflicts of interest mostly flow one way in this case.
If you're rich, like Bill Gates, and say crypto is a bad idea, then you're just an old codger holding on to what power you have before the future leaves you in the dust.
If you're not rich, then you're a salty no-coiner who didn't get in on the train early and is now just having fun being poor.