Tulips.
It’s Tulip bulbs all over again.
Something that’s completely dependent on everything going perfectly is rising in the face of possible nuclear war?
WTF?????
I found Bitcoin’s introduction a very interesting concept.
As it went on any number of roller coaster rides and Mt. “whatever” was shut down for fraud it seemed to me that Bitcoin had a fundamental flaw. It’s attempt at being an alt-currency has the flaw or failure of “Confidence”, which is critical for adoption.
Enter Bitgold.
This is what people are really looking for. A Gold based currency that you can actually spend/save and count on with confidence.
What about etherium and the other internet currencies?! Supposedly, the Internet moneys will be growing at a rapid pace for several years. And will be a new form of banking. Especially international banking. Brick and mortar is dissolving and being replaced by internet in the 21st century. 100 years ago the model T and model A Ford. And now...high tech cloud for just about anything the mind can imagine. And yes, there could be a tulip bulb bubble burst. Just look at how many stores are selling tulip bulbs today. Those bulbs did not disappear. Instead they multiplied.
It’s the coin of criminals. Eventually crime-fighting success/failure will be measured by it’s value.
Fascinating anyway.
I guess it’s most recent surge, since the ransomware surge, is due to Asians avoiding money controls. But who knows?
Bfl
Bfl
Bit Coin comes before the fall.
well that’s just super stupid...
.. bitcoin requires IT infrastructure and that’s going to be the first thing to go
this is dumber than snot whenever you are in time of Crisis you go with the simplest means of Commerce not the most complicated..it why you hard monetary systems gold over paper
Gold is HP also. Close to $1,300 per oz.
It’s over 4,000 now. My 25 dollar investment is now worth over 80 bucks! Easy street, here I come. Whoever wants a free Lamborghini, just message me.