

none
When faced with a long complicated argument outside your competence, its a really useful heuristic to spot-check a few sections and assume that if they are wrong the whole structure is flawed. And at least as many readers will take away the soundbites like “none of these companies is profitable” and “pathetic revenues” as any nuanced version that is hidden in there. At critics of spicy autocomplete go he is really far on the “pundit” end of the “academic to pundit” scale (well past our David Gerard).

Its too bad that Patrick McKenzie sided with the promptfondlers because he was a useful ally calling “we need more reporting on cryptocurrency by journalists who can read a balance sheet and do arithmetic”