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Saturday, Feb 27, 2021

El-Erian: This Bitcoin surge is different than the others

Mohamed El-Erian, chief economic adviser at Allianz, says the current surge in Bitcoin prices is different than the past because there's a solid foundation of long-term holders.
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Quote of the Day

“If no one had an army, armies would not be needed. But the same can be said of most lobbyists, PR specialists, telemarketers, and corporate lawyers. Also, like literal goons, they have a largely negative impact on society. I think almost anyone would concur that, were all telemarketers to disappear, the world would be a better place.”
― David Graeber, Bullshit Jobs: A Theory

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