1. Do you ever feel like some financial commentators speak against the tide of popular opinion only to get views online?

2. By anyone’s standards, we’re heading for a recession. It’s as obvious as a punch in the face. How the market will respond in terms of Bitcoins price is uncertain.

Let’s quickly observe these two statements above quoted by Mr. Levitt:

1. Very ironically, Shiff is very aligned with much of the economic and institutional views of cryptoheads. It’s just that he believes (like many cryptoheads) that gold is the magical store of value. So you say “potato” he says “potaato”.

2. Continuing the irony, Shiff is also aligned with the cryptoheads regarding the economy.

If Shiff is saying crypto is going to zero, well, that’s just like all the doomsayers in the crypto space saying the dollar is going to zero or the like. Reading this article was like watching 2 identical cats in a fight.

But when you have 2 cults fighting about belief systems (as opposed to being able to ground their views empirically), this is what you get: tragically and hilariously nonsense fighting nonsense.