Eric Weinstein calls Bitcoin potential hedge against fiat catastrophe
“Don’t let short term losses in Bitcoin sour you on Bitcoin, crypto or distributed computing,” Weinstein said. “Don’t let Bitcoin zealots chase you away either.” Eric Weinstein, managing director of Thiel Capital and host of the popular podcast The Portal, urged his followers over the weekend not to get caught up in Bitcoin’s (BTC) daily fluctuations. He seemed to feel that it was wiser to focus on the cryptocurrency’s ability to hedge against currency debasement at the hands of central banks.Bitcoin and other “hard-money” assets like gold and silver could be sound alternatives to the....
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In this discussion, Eric Weinstein and Avi Loeb discuss the barriers of centralization and physics while detailing how Bitcoin fixes both.
And here it is, the bitter end of the Bitcoin 2022 coverage. As we said in the previous post, that faithful afternoon was disappointing, to say the least. The conference’s organizers took their shot with big-name guests from the so-called “Intellectual Dark Web” and they missed. Both Jordan Peterson and Eric Weinstein misunderstood the assignment […]
This piece has been updated with additional comment and information from BitFury. A former US Department of Justice official has been named to the board of strategic advisors at bitcoin mining firm BitFury. As reported by the Wall Street Journal, former Deputy Assistant Attorney General Jason Weinstein will act as a regulatory and law enforcement liaison for BitFury. Currently a partner at Washington, DC-based law firm Steptoe & Johnson LLP, Weinstein will serve in a private capacity while continuing his work at the law firm. Weinstein resigned from the Justice Department in 2012 during a....
BitFury’s work in both Bitcoin transaction processing (mining) and growing venture capital funding has also come with the growth of the company’s leadership team. Their latest addition is Jason Weinstein Former US Deputy Asst Attorney General. BitFury recently hired Young Sohn, Samsung Electronics, president and chief strategy officer; he also took a position on their strategic advisory board. Jason Weinstein has an interesting background with experience and connections that can help not only BitFury but Bitcoin itself.
Veteran investor and fund manager Bill Miller says he has “a very big position” in bitcoin and expects to see a lot of institutional adoption this year, particularly among endowments and foundations. “Bitcoin is insurance against financial catastrophe,” he opined.
Bill Miller Says ‘Bitcoin Is Insurance Against Financial Catastrophe’
Famed value investor Bill Miller talked about bitcoin in an interview with CNBC Wednesday. He is the founder of Miller Value Partners and currently serves as its chairman and chief investment officer.....