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To: Vermont Lt
True what you said about the Fed, monetary policy and trust In the US being the only “asset” backing the US dollar. That does not mean that Bitcoin is not air. It still is just air. That does not mean you can't trade around the perceived value of Bitcoin air. You can and you do. You know what you are doing, which is very cool, so carry on! ; )
81 posted on 11/03/2017 7:02:52 AM PDT by Chgogal (Sessions recused himself for shaking an Ambassador's hand. Shameful!)
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To: Chgogal

The “money” part of this is fun. Whenever anyone asks if they should invest in it, I ask them for a $20 bill. I tell them to rip it up, and throw it out the window. Now imagine how that feels. How much of that can you stand to do before it “hurts.”

That is how to start investing in Bitcoin. And only bitcoin. There are about 2,000 cryto-currencies out there. 90% of them are scams. The trick is to find the ones that are not. I haven’t been able to figure that out yet.

Several years ago my daughter gave me $100 of her birthday money. She thought the whole thing was cool. That $100 is worth $1,719 this morning. I don’t let her put any more into that account until her student loans are paid.

Yes...this is fun. It is not for the weak kneed. A little skin in the game is a good teacher.


83 posted on 11/03/2017 7:09:01 AM PDT by Vermont Lt (Burn. It. Down.)
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