He should compare the bitcoin network with the entire banking system. Comparing the usability of a bank-note with bitcoin is like comparing the linux kernel with an iPhone. And bitcoin is still in its infancy. It doesn't have to perfectly apeal to Karl Denninger. But let him try to send money from one remote place in the world (where ... Once you get past the childish title, the recent bitcoin piece from Karl Denninger raises some issues that warrant consideration from bitcoin economists. Denninger is an intelligent student of the ... 11 Responses to Karl Denninger on Bitcoin. BenK says: December 25, 2017 at 8:03 am. He is, for better or for worse, completely wrong. Many economic systems are based upon diminishing returns. Malthus noted it in agricultural lands. Most resource extraction problems are structured that way – by nature, not by man. So are all sorts of value capture problems. That bitcoin does not adjust ... Karl Denninger -- The Coming Market Crash? 1) Why we are most likely to have a market crash like 2000 and 2008 (2) The European problems, and how they are likely to occur here. (3) Why he thinks there should be a CISPA bill (with many changes to it though), unlike many limited govt guys. The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries ... I'm a sporadic follower of Karl Denninger's posts and generally I find him to be extremely intelligent and, more often than not, correct. Having said that, I am a hoarder of a few cryptos. I suspect/hope he might be wrong this time. I'd be interested in the forum members' thoughts on one of his recent posts. Digital 'Currencies' Are ALL A Scam
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Bitcoin defines the cryptocurrency category so all the altcoins will always be no better than second place finishers. Lightning Network is already innovating. Old FUD rots over time. Don't fear ... Get Immediate Access to Lior Gantz' Personal Portfolio for 2018 AT: http://www.wealthresearchgroup.com/Portfolio The 5 Essential Steps to Financial Independe... Wer das System überlisten will, muss erstmal das System verstehen! Wer das System versteht kann es überlisten! I would say there is a second reason why the euro zone is in trouble, the EU economy is behind the curve (compared to the US), but our banks where already in... In the second half, Max talks to Karl Denninger of Market-Ticker.org about negative yields, long duration bonds, and what the future looks like with both in hand.