Wednesday, February 24, 2021

 BITCOIN

I just finished reading a lengthy and detailed article explaining Bitcoin published by How-to-Geek on their website.  I'm not sure (no, I know) I didn't 't understand every thing I read.  However, I understood enough to form the opinion it is a gigantic Ponzi scheme.  The growth chart is flat to about sudden growth of 5% to 10% off straight up vertical.  Dah!  That's a red flag for anything. The early investors (?) will make $millions while the latecomers will take full brunt (total loss) when it all comes crashing down.  If nothing else government will intercede at some point and that will be bad news.

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