[jeffersondem]

I do not understand crypto currency, except that the creators of the new stuff say it is better than “old money.”

And, they say, they are willing to take the debased and soon to be worthless money off your hands and give you the good stuff; they want to help.

I read that some guy bought 75 cents worth of bitecoin a while back and is now a billionaire. That sounds almost too good to be true.

I'm skeptical.

[Fido969]

Cryptocurrency better than other Fiat Currencies:

https://indiacsr.in/cryptocurrency-better-than-other-fiat-currencies/

[SMARTY]

“... and is now a billionaire...”

Is he Nigerian?

[ByteMercenary]

The only folks getting rich in the Bit-coin world nowadays are those who sold thousands of shares of stock in those companies a few months ago and are now buying back those shares a less than 1% of the original price.

[Organic Panic]

Give me all your old money and I will give you these digital packets. Trust me. The you can put them on exchanges and exchange them for other digital packets. Trust them because they are taking old worthless money and making even more new better moneys. Sure you can’t buy groceries, pay your rent, or you taxes with this new money but looks, it’s better than old money. All you have to do is find someone with old money and sell it for more than you bought the new money for. Make sense?

And if you had gotten in on the ground level with bitcoin, 75 cents could have indeed made you a billionaire. The inventor was trading thousands of bitcoins for pizzas to feed himself during college. If you had cashed out when one “coin” hit $65,000 you would have been quite wealthy.