'Big Short' Investor Steve Eisman On Bitcoin And Crypto | CNBC

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Steve Eisman, Neuberger Berman portfolio manager, speaks with CNBC's "Squawk Box" about bitcoin and blockchain, and whether he'd short digital currencies.

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'Big Short' Investor Steve Eisman On Bitcoin And Crypto | CNBC
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She asked but didn't let him answer.

bouloshijazin
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He might not be interested in Bitcoin, but he sure nailed the hell out of Deutsche Bank. Its almost like Lehman Brothers over there.

josephlopez
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incredible watching this five years later and seeing BTC over 40K.

timothymcmahon
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Hey they brought it up. Dude's a billionaire and he's just not into it. Very reasonable counterpoints from Eisman.

samrozan
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That Asian lady always so mad about topics, CNBC must have her do it on purpose

youngscooter
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She is asking and answering her own questions!

gardenstateshake
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you have Steve Eisman on your show, let him talk. Jesus Christ

eunolee
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I am a crypto-optimist but even I have to respect Eisman's opinion of it

DangosAreCute
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“I know nothing about crypto but I don’t like it”... classic.

jamesbrooks
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Rich Guys: Crypto is a bubble, terrible, trading turds, no value
Interviewers: Would you short BTC?
Rich Guys: Oh...now see...I'm not an expert on cryptocurrency...

sasukesuite
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How can you say Blockchain is going to work but crypto ain't ? It like saying engines will work but cars ain't

Sesamestreet
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Exactly. At some point those assets that doesn't provide utility and solve real world problems will be dramatically depreciated. At the moment there is silly, unregulated speculation.

vladark
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the bitcoin cult just can't hear any negative words. Any real investor wants to hear the contra view to make sure they are right, bitcoin disciples don't do that, that's why you should be skeptical.

BLUEGENE
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What he says is 💩 cause you can cut the middle man which is the banks and that alone is huge

dantedmc
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What is crypto currencies utility? The fact that it can be transferred ANYWHERE in the world within Milliseconds and be confirmed within minutes or even seconds for some crypto. The fact that it has a limited and verifiable supply, is completely decentralized and is not able to be forged, has extreme liquidity, low transaction fees, can be given security or other improvements by the users whenever it is needed which improves it more day by day. The banks take everything away from you, crypto gives it all back ❤

Lukenallen
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Banks have to follow tons of regulations? HAHAHAHAHAHAHAHHAAHHA
Wells Fargo would like to have a word. And every other big bank for that matter.

RobinRight
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Little advice for all the noobie investors out there, if you're listening to CNBC for financial advice you're doing something wrong. In fact, use them as an example of what NOT to do, do the exact opposite of what they say at any given point in time and you will be successful in this world. Remember, they are not looking out for you. They are misinforming you for their own benefit, and to grab your attention/views. The best investors of all time would never follow what the masses are doing, think for yourself. Good luck out there folks!

robtaylor
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if you have a guest on stage, let him speak

kingCoinBTC
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I can’t pull bitcoin out of any ATM I want to. I have to redeem value from someone willing to take my bitcoins.
And he is right, it is a channel for money laundering.

AntonioCostaRealEstate
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he is wrong .... lol the internet needs a default trusted currency as you can see the people are losing so much trust in centralized authorities... 🤔

suey