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zeteo
on April 5, 2013
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Bitcoin makes journalists say stupid things
Yes, having a Nobel Prize in economics doesn't make him right every time. But at least he doesn't have a direct financial incentive to be wrong.
ExpiredLink
on April 5, 2013
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>
Yes, having a Nobel Prize in economics doesn't make him right every time.
Yep, he proved that several times when he wrote about the imaginary Euro crisis.
VMG
on April 5, 2013
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His incentive is his reputation among peers.
ebbv
on April 5, 2013
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Which would be damaged if he were wrong. So his motivation is to be right, not to dismiss BitCoin.
fnordfnordfnord
on April 5, 2013
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If you turn out to be wrong, along with everyone else in your cohort, that's okay (you can't win them all). It's being wrong, while going against the majority of your peers that gets you laughed at.
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