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Comment on What Bitcoin Reveals About Financial Markets

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It show mostly that people writing about finance can be total economics and technology ignoramuses.

Maybe so, but that's no reason to make HN threads worse. Please don't post unsubstantive comments or call names in comments here.

https://news.ycombinator.com/newsguidelines.html

No, it shows that cryptocurrency owners and developers are economics ignoramuses. So many people who think Bitcoin or other cryptocurrencies have any real value just don't understand how money actually works.

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