I e always asked how companies with no real product or assets can be so highly valued
Apple and Microsoft make real products
Google twitter fakebook etc. nothing Just infotainment
Same can be said for bitcoin and other cryptos
Yes a lot of money is numbers on computers now but what backs it up
Csn i go a bank and get a roll of bitcoins ?
In the old world there where snake oil salesmen and hustlers of all kinds that had to relie merely on their cunning and sales strength
Now it is impersonal and not real
I for one don’t participate. Except here of course !
Good, may they all fail.