Bitcoin. Good investment or Fraud?

via Bitcoin: The Most Impressive Speculative Bubble In Modern History

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V.M.Sang

I was born and educated in the north west of England. I trained as a teacher in Manchester and taught in Salford, Lancashire, Hampshire and Croydon. I write fantasy novels currently. I also make cards, knit, crochet, tat, do cross stitch and paint. I enjoy walking on the Downs, cycling and kayaking. I do not enjoy housework, but like cooking.

2 thoughts on “Bitcoin. Good investment or Fraud?”

  1. I can’t imagine any credible financial advisor supporting investment in Bitcoin. The concept of currency is no longer a matter of some physical commodity to back it such as gold, etc. But at least most of the government currencies in the world have the backing of the issuing governments. It’s not a surprise that US currency is the most trusted and valued but, of course, it could all tank if our country tanks. But that’s thousands, if not millions of times less likely than the evaporation of this whole fantasy backing Bitcoin. Invest in vintage cars, at least you can drive it somewhere if all else fails! 😉

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    1. True about the cars. I thought this interesting, and definitely worth reblogging. Perhaps a warning to people the more widely it gets spread. ‘Needul’ often has very interesting posts and reblogs.

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