Aug 8, 2017 · 1 min read
BitCoins/Crypto-Currency are a stupid and dangerous idea. The gullible will lose a lot of money. The counter argument is very simple: Russia. They are currently under sanctions and desperate to be able to participate more fully in the international market. If they become successful using it, the Feds will find a way to shut it down sooner. The primary purpose of crypto currency is to make transactions be invisible. Presumably, to avoid taxation, but effectively to keep it secret. Either way, it is for nefarious purposes. The Feds are going to shut it down. So, when the music stops, everyone dancing around will find all the seats gone. Good luck.
