Egregoros

it's a bit too late to cry about bitcoin

@sickburnbro

lacks fungibility?

@magicalthinking my assumption is that he's pissed that you have to have a strong association between a wallet and a value, so you can't privately trade things.

@sickburnbro

Can't be held by a central bank...

uh, ok?

So they can't manipulate it, that's what he's saying.

> Lacks privacy

> Can't be held by a central bank

This is what kids refer to as a non-sequitur, it means the guy is a wind bag.

@cjd @magicalthinking if the guy is a billionaire, I don't treat this as him being a windbag, but complaining about something real ( and unfortunate for him )

Ahh, a billionaire. The only reason billionaires go on TV and talk is because they benefit from you believing something.

In the case of bitcoin, the most likely scenario is they're signaling to their compatriots that they're Fully On Board with the USD system, and definitely not quietly moving their assets out the back door...

@cjd @magicalthinking but the US is giving crypto a lot of legitimacy right now, so I don't think it's that.

Well, all I can say is there's a goal. Billionaires don't go on TV and talk finances without there being an endgame.

@cjd @magicalthinking exactly. the question is what his is, in particular.