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Bitcoin And Biases: Fund Managers Eating Crow And Welcoming Horses In 2021

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Overcoming Biases With A Bit Of Crow

“Eating crow” is a “colloquial idiom, used in some English-speaking countries, that means humiliation by admitting having been proven wrong after taking a strong position. The crow is a carrion-eater that is presumably repulsive to eat in the same way that being proven wrong might be emotionally hard to swallow.”

In 2021, a number of high-profile people, corporations and institutions completely reversed their positions from being anti-Bitcoin to being Bitcoin proponents on a small or large level. Elon Musk has done this multiple times.

Source: Bitcoin Magazine

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