Martin Baccardax on Muck Rack

Martin Baccardax


London Bureau Chief - TheStreet

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@mdbaccardax — 2,053 followers, 28,273 tweets

Britain: workmen digging up the street in my borough In the snow; man living on road brings them a tray of steaming hot tea and biscuits ...
@AltlookOrg @BlakeEBoyer @ErikVoorhees You're right about that ... but, at present, it's inarguable that people *aren't* buying/paying ... they're getting long BTC in the hope of cashing out. If you market BTC as a replacement for the dollar, and then brag about its success based on its dollar value, well ...
@AltlookOrg @BlakeEBoyer @ErikVoorhees I'm with you on that ... it was a bubble at $0.60, in my view ... a view that will be proven correct over time. It has no value: it's slow, it uses too much energy, it's architecture can be copied-and-pasted and it's in the cross-hairs of regulators. It's the betamax of crypto
@AltlookOrg @BlakeEBoyer @ErikVoorhees Funny... it more reminds me of John McAfee saying, when BTC was at $17,000, that bubbles were "mathematically impossible" How's that working out?
@BlakeEBoyer @AltlookOrg @ErikVoorhees If, indeed, it became regulated to the point that its price couldn’t be manipulated (which is not the case now) and the Treasury accepted it for tax purposes, I’d be willing to concede ...
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