Bloomberg - Are you a robot?

“Instacart is trying to build an empire and ___ is trying to arm the rebels.”

For example, Bloomberg is a company that makes the bulk of its revenue renting computer terminals to banks and hedge funds, and, unsurprisingly, is probably the most negative on crypto. It would be as if Exxon owned a news company that covered clean energy.

But for now – there is not a lot of capital in the space, and many of these sellers cannot keep up with their own growth. The easiest way to get de-ranked is by running out of inventory, but a business that can’t get financed, is fully bootstrapped, and that is growing quickly (with holiday season volatility) will struggle to procure inventory fina... See more

But now, amidst market turmoil and a public health crisis which much of the world – in particular the US – is fully unequipped to handle, it’s a flaming question mark whether any real growth occurred during this period, or if the high times were merely a fantasy created mainly by capital injections (or “money printing”) from central banks in the US... See more