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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    Nick Szabo  🔑‏ @NickSzabo4 Sep 7
    • Report Tweet

    Nick Szabo  🔑 Retweeted Bloomberg Opinion

    "Don't worry there will always be an even bigger population of even greater fools to sell them to."https://twitter.com/bopinion/status/1170018127918305280 …

    Nick Szabo  🔑 added,

    Bloomberg OpinionVerified account @bopinion
    “Don’t worry about the paltry yields. I’ve never bought bonds for yield and couldn’t care less what it is, as long as it’s going down and, as a result, Treasury prices are rising.” This is a rather uncommon view for fixed-income investors. But it has paid off over 30+ years.
    Show this thread
    11:18 AM - 7 Sep 2019
    • 35 Retweets
    • 181 Likes
    • CryptoRand Divyanshu Bagga Bois_No2X ⚡️Permabull Alex Latanision Jeezus Cryst Ad.K. y virtual Mutiu Emtee Busari Bitcoin EDU
    8 replies 35 retweets 181 likes
      1. New conversation
      2. Gregory Westcott‏ @gwestcot23 Sep 7
        • Report Tweet
        Replying to @NickSzabo4

        Well that is the same thing nocoiners say about Bitcoin... I suppose in this instance at this moment both appear right. 😂

        1 reply 0 retweets 2 likes
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      1. Harry Sudock‏ @harry_sudock Sep 7
        • Report Tweet
        Replying to @NickSzabo4

        🤮

        0 replies 0 retweets 1 like
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      1. cheaprentalyeti‏ @cheaprentalyeti Sep 7
        • Report Tweet
        Replying to @NickSzabo4

        It's this generation's "We'll lose money on every transaction but make up for it in volume."

        0 replies 0 retweets 1 like
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      1. Satoshi Disciple‏ @SatoshiChela Sep 7
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        Replying to @NickSzabo4

        And opinion provider knows that anything that has worked for 30+ years never fails to work after that ! Government interventions may delay the outcome for quite some foreseeable future, but it'll be so entertaining eventually, if you're holding BTCs and not in the middle of it!

        0 replies 0 retweets 1 like
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      1. avc‏ @quasiloco Sep 7
        • Report Tweet
        Replying to @NickSzabo4

        Optimism is why small investors lose more often than AI driven trading. Leveraged small investors tolerate losses until margin calls drive them to make irrational decisions.

        0 replies 0 retweets 1 like
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      1. Alonso ₿  ⚡ 🌊 🇨🇴‏ @AlonsoBTC Sep 7
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        Replying to @NickSzabo4

        Those bonds end up in retirement funds, people want yield not facial value long term

        0 replies 0 retweets 0 likes
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      1. ONE STOIC KITTY‏ @Altcoinceo Sep 8
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        Replying to @NickSzabo4

        Ponzi

        0 replies 0 retweets 0 likes
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