David Frum

@davidfrum ↗

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Last Checked May 20, 2022

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Fri May 13 03:15:58 +0000 2022

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David Frum @davidfrum

I'm not denying that blockchain technology may prove useful in financial architecture. But owning bitcoin is not an investment in that architecture, it's just a speculative bet for which the architecture serves as a rhetorical justification. — PolitiTweet.org

Posted May 13, 2022

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David Frum @davidfrum

Bitcoin was advertised as a safe store of value in an inflationary crunch. We're testing that theory now, and it's proving utterly false. So what on earth is the point of bitcoin? It's like a macaroni umbrella: hold it over your head when it rains and it turns into a soggy mess. — PolitiTweet.org

Posted May 13, 2022

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David Frum @davidfrum

Surprise, surprise — PolitiTweet.org

Elon Musk said his deal to buy Twitter Inc was on hold pending details on the amount of fake accounts on the social… https://t.co/Rfp2HjwqV9

Posted May 13, 2022