“The problem with bitcoin at the moment: It is not a government-controlled currency.” Haha what?! That's the whole point.https://www.pbs.org/newshour/economy/making-sense/why-a-nobel-laureate-in-economics-thinks-bitcoin-is-toast …
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Merton founded LTCM and they really really thought they could gain all the returns of risky securities, but without the risk
"Nobel laureate" is if he was a scientist rather than a glorified numerologist.
