We are seeing a lot of noise surrounding Elon and Twitter. Elon simply cannot help being Elon.
In this video I discuss that while that distraction is taking place, Tesla is in the process of putting together its best quarter ever, and by a wide margin.
▶️ 3Speak
The video is about Paul Krugman, not about Tesla.
@taskmaster4450le, @pixresteemer(7/10) sent you LUV.
wallet | market | tools | discord | community | <>< daily
HiveWiki
HiveBuzz.me NFT for Peace
Summary:
In this video, the speaker discusses the recent comments made by economist Paul Krugman about the possible end of the crypto era and his dismissal of the blockchain technology. The speaker criticizes Krugman's views, labeling him as an ignorant economist and technologist. He contrasts Krugman's academic background with the practical insights of individuals like Larry Fink, who manages real money and understands the future potential of tokenization. The speaker emphasizes the importance of having a comprehensive understanding of various fields when assessing technologies like cryptocurrency, and he praises figures like Elon Musk for their broad expertise across different domains.
Detailed Article:
The video begins with the speaker addressing the audience and introducing the context of the discussion regarding Paul Krugman's recent statements on the cryptocurrency era. Krugman, described as a Nobel Prize-winning economist, is quoted as dismissing the legitimacy of Bitcoin and the underlying blockchain technology. The speaker highlights Krugman's derogatory remarks and questions his understanding of technology, referring to him as a "total idiot" in this domain.
The speaker, who indicates having an economics background, criticizes Krugman's lack of foresight and expertise, especially evident in Krugman's past statements about the internet's impact, comparing it to fax machines. By highlighting Krugman's historical inaccuracies and failure to recognize technological advancements, the speaker discredits Krugman's opinions on cryptocurrency and blockchain technology.
Furthermore, the speaker contrasts Krugman's theoretical approach with the pragmatic insights of individuals like Larry Fink, who is involved in managing real money and perceives tokenization as the future of financial assets. The speaker emphasizes the importance of practical experience and real-world understanding when assessing the potential of emerging technologies like blockchain and cryptocurrencies.
Drawing a parallel to figures like Mark Zuckerberg and Elon Musk, the speaker praises their multifaceted understanding of technology, economics, and innovation. In contrast, he criticizes Krugman for lacking a comprehensive grasp of various fields, particularly pertaining to the significance of decentralization, blockchain technology, and Web 3.0.
The speaker concludes by reiterating the disconnect between traditional economists like Krugman and the evolving landscape of technology and finance. He encourages the audience to consider diverse perspectives and expertise when evaluating the future trajectory of cryptocurrency and blockchain technologies, suggesting that practical insights hold more weight than academic accolades in this rapidly changing digital ecosystem.