The list of Flip-Floppers gets getting longer and longer

You know the phrase in politics where they say someone was against it before they were for it?

Or is it vise versa? For it before they were against it?

Either way, bitcoin has a long list of those and it keeps getting longer.

The latest to join that list? Probably Morgan Stanley.

Back in late 2017, shortly after bitcoin had hit an all time high year $20k, Morgan Stanley put out this gem:

(Source:

https://twitter.com/BTC_Archive/status/1360666366932574214/photo/1

- BTC_Archive

)

The real value of bitcoin might be $0 according to the article from Morgan Stanley.

Hmmm, sure, the real value of the dollar might also be zero, but that wasn't in there anywhere.

I'm biased I know, but it still funny when the popular news of today is this:

(Source:

https://twitter.com/BTC_Archive/status/1360666366932574214/photo/2

- BTC_Archive

)

From the thing being worth $0 to considering investing billions into it?

Now that is one mighty flip-flop!

The headline of $150 billion is misleading though because I believe that is the total size of the investment fund, not the amount they are considering investing.

Either way, they said it could be worth $0, then a couple years later they are likely putting billions in it.

Yep, they are in the running for flip-flopper of the year!

I should keep a list of those guys and give out an award for the biggest flip-flopper by the end of the year.