Advertisement
AD

Main navigation

Error message

  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3061 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h248">Are Bitcoin lovers... orcs?</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h341">Bitcoin - $250,000 in ten years</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    In a recent tweet, Dan Tapiero, a macro investor, Bitcoin and gold holder (and a Gold Bullion International co-founder), has stated that over the past one hundred and fifty years, the human ability to understand money has not improved. He predicted&nbsp;that humanity will take a long time to understand what Bitcoin truly is and how it can be used as new money to change the global economy.
    
    In a picture, an overweight person with fiat banknotes in his fists has a forbidding look and the caption&nbsp;says “Repudiation”. The man is holding&nbsp;unbacked fiat currencies.
    
    <blockquote class="twitter-tweet">
    It's a 150 years later and we are still making the same mistake.
    
    Think about how much else has changed.
    
    So little progress in understanding money.
    
    Will still take years before people understand <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://t.co/QDFhFNNSw2">pic.twitter.com/QDFhFNNSw2</a>
    — Dan Tapiero (@DTAPCAP) <a rel="nofollow" target="_blank" href="https://twitter.com/DTAPCAP/status/1255373111878397952?ref_src=twsrc%5Etfw">April 29, 2020</a></blockquote>
    
    
    Are Bitcoin lovers...&nbsp;orcs?
    
    The hedge fund guru and Galaxy Digital CEO Mike Novogratz seems to be seconding this thought by posting a YouTube video (an extract from the ‘Lord of the Rings’ movie) where an orc says: “The age of Men is over. The time of the Orc has come”.
    
    It seems that Novogratz is comparing Bitcoin nerds to the new race of orcs described by Tolkien in the ‘Lord of the Rings’ trilogy. However, this comparison has raised&nbsp;questions, as everyone&nbsp;remembers&nbsp;things did not end well for orcs.
    
    <blockquote class="twitter-tweet">
    Fuck yeah! <a rel="nofollow" target="_blank" href="https://t.co/mAJ5udsEi7">pic.twitter.com/mAJ5udsEi7</a>
    — Aquaflan (@WordingSplines) <a rel="nofollow" target="_blank" href="https://twitter.com/WordingSplines/status/1255450487769501702?ref_src=twsrc%5Etfw">April 29, 2020</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Bitcoin - $250,000 in ten years
    
    Meanwhile, Dan Tapiero speaks of massive Bitcoin appreciation over the next ten years. He states that, since the market value would be at least $450 bln, a forecast of Bitcoin hitting $25,000 is too conservative. He says:
    
    <blockquote>
    “I see over $250,000 in the next 10 years”
    </blockquote>
    
    <blockquote class="twitter-tweet">
    Nice piece about <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> appreciation potential over next decade. I think 25k long term target too conservative. Mkt value would only be 450 bil approx, too small to be relevant vs other asset classes. I see over 250k in the next 10yrs.
    — Dan Tapiero (@DTAPCAP) <a rel="nofollow" target="_blank" href="https://twitter.com/DTAPCAP/status/1255396754431844352?ref_src=twsrc%5Etfw">April 29, 2020</a></blockquote>
    ') (Line: 1086)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 997)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    
  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3064 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('
                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h248">Are Bitcoin lovers... orcs?</a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h341">Bitcoin - $250,000 in ten years</a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    In a recent tweet, Dan Tapiero, a macro investor, Bitcoin and gold holder (and a Gold Bullion International co-founder), has stated that over the past one hundred and fifty years, the human ability to understand money has not improved. He predicted&nbsp;that humanity will take a long time to understand what Bitcoin truly is and how it can be used as new money to change the global economy.
    
    In a picture, an overweight person with fiat banknotes in his fists has a forbidding look and the caption&nbsp;says “Repudiation”. The man is holding&nbsp;unbacked fiat currencies.
    
    <blockquote class="twitter-tweet">
    It's a 150 years later and we are still making the same mistake.
    
    Think about how much else has changed.
    
    So little progress in understanding money.
    
    Will still take years before people understand <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#bitcoin</a> <a rel="nofollow" target="_blank" href="https://t.co/QDFhFNNSw2">pic.twitter.com/QDFhFNNSw2</a>
    — Dan Tapiero (@DTAPCAP) <a rel="nofollow" target="_blank" href="https://twitter.com/DTAPCAP/status/1255373111878397952?ref_src=twsrc%5Etfw">April 29, 2020</a></blockquote>
    
    
    Are Bitcoin lovers...&nbsp;orcs?
    
    The hedge fund guru and Galaxy Digital CEO Mike Novogratz seems to be seconding this thought by posting a YouTube video (an extract from the ‘Lord of the Rings’ movie) where an orc says: “The age of Men is over. The time of the Orc has come”.
    
    It seems that Novogratz is comparing Bitcoin nerds to the new race of orcs described by Tolkien in the ‘Lord of the Rings’ trilogy. However, this comparison has raised&nbsp;questions, as everyone&nbsp;remembers&nbsp;things did not end well for orcs.
    
    <blockquote class="twitter-tweet">
    Fuck yeah! <a rel="nofollow" target="_blank" href="https://t.co/mAJ5udsEi7">pic.twitter.com/mAJ5udsEi7</a>
    — Aquaflan (@WordingSplines) <a rel="nofollow" target="_blank" href="https://twitter.com/WordingSplines/status/1255450487769501702?ref_src=twsrc%5Etfw">April 29, 2020</a></blockquote>
    
    
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Bitcoin - $250,000 in ten years
    
    Meanwhile, Dan Tapiero speaks of massive Bitcoin appreciation over the next ten years. He states that, since the market value would be at least $450 bln, a forecast of Bitcoin hitting $25,000 is too conservative. He says:
    
    <blockquote>
    “I see over $250,000 in the next 10 years”
    </blockquote>
    
    <blockquote class="twitter-tweet">
    Nice piece about <a rel="nofollow" target="_blank" href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> appreciation potential over next decade. I think 25k long term target too conservative. Mkt value would only be 450 bil approx, too small to be relevant vs other asset classes. I see over 250k in the next 10yrs.
    — Dan Tapiero (@DTAPCAP) <a rel="nofollow" target="_blank" href="https://twitter.com/DTAPCAP/status/1255396754431844352?ref_src=twsrc%5Etfw">April 29, 2020</a></blockquote>
    ') (Line: 1086)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
    __TwigTemplate_75845256f703f5319a38e035b4af7dd9->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array) (Line: 474)
    Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 997)
    __TwigTemplate_625426e732c5f7a66fde6d628d98a6b2->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 62)
    __TwigTemplate_e934e56c1e459c359b150360c7169113->doDisplay(Array, Array) (Line: 394)
    Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
    Twig\Template->display(Array) (Line: 379)
    Twig\Template->render(Array, Array) (Line: 40)
    Twig\TemplateWrapper->render(Array) (Line: 53)
    twig_render_template('themes/cryptod/templates/node.html.twig', Array) (Line: 372)
    Drupal\Core\Theme\ThemeManager->render('node', Array) (Line: 436)
    Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
    Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
    Drupal\Core\Render\MainContent\HtmlRenderer->Drupal\Core\Render\MainContent\{closure}() (Line: 583)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
    Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
    Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
    Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
    call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
    Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
    

Mike Novogratz Compares Bitcoin Nerds to Tolkien’s Orcs as Age of Fiat Lovers Is Over

Advertisement
Wed, 29/04/2020 - 12:14
Mike Novogratz Compares Bitcoin Nerds to Tolkien’s Orcs as Age of Fiat Lovers Is Over
Cover image via www.bloomberg.com
Read U.TODAY on
Google News
Contents
Advertisement

In a recent tweet, Dan Tapiero, a macro investor, Bitcoin and gold holder (and a Gold Bullion International co-founder), has stated that over the past one hundred and fifty years, the human ability to understand money has not improved. He predicted that humanity will take a long time to understand what Bitcoin truly is and how it can be used as new money to change the global economy.

In a picture, an overweight person with fiat banknotes in his fists has a forbidding look and the caption says “Repudiation”. The man is holding unbacked fiat currencies.

Are Bitcoin lovers... orcs?

The hedge fund guru and Galaxy Digital CEO Mike Novogratz seems to be seconding this thought by posting a YouTube video (an extract from the ‘Lord of the Rings’ movie) where an orc says: “The age of Men is over. The time of the Orc has come”.

It seems that Novogratz is comparing Bitcoin nerds to the new race of orcs described by Tolkien in the ‘Lord of the Rings’ trilogy. However, this comparison has raised questions, as everyone remembers things did not end well for orcs.

card

Bitcoin - $250,000 in ten years

Meanwhile, Dan Tapiero speaks of massive Bitcoin appreciation over the next ten years. He states that, since the market value would be at least $450 bln, a forecast of Bitcoin hitting $25,000 is too conservative. He says:

“I see over $250,000 in the next 10 years”

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles