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0 sats \ 5 replies \ @kr 9 Dec 2023 \ parent \ on: Weekend Book Recommendations BooksAndArticles
interesting, does he cover Bitcoin in the book? haven’t gotten there yet if so
He only mentions it for like a paragraph if I remember. Seemingly out of nowhere he says something like "Bitcoin has no intrinsic value" and he regurgitates a line about bitcoin energy usage that clearly shows he doesn’t know enough about it to know that the mining for the network could run on a single machine and still mine the same amount of bitcoin and process the same number of transactions. He's way outside his research depth but he talks about it like he's the world's leading expert.
He's done some youtube interviews with folks too and it's clear he's just not well studied on it. So I'm skeptical of everything he says now.
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ah interesting. i do wish some of his ideas had a little more research behind them, but they are thought-provoking
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I'd love to see someone organize a debate between Zeihan and Jeff Booth. Maybe that's something you can coordinate on your show :)
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agreed. If it weren't for being at least thought provoking I would have said that book was trash, but I still gave it 3/5 stars just for the brainstorm enhancing bits. Same goes for a lot of books by James Rickards (die hard gold bug and anti-bitcoiner). They are interesting, but ultimately antiquated and out of touch with current reality.
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Spot on re Rickards. Many years ago I found him interesting, but he's a one trick pony and he also pumps his own bags.
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