"Bitcoins," Internet nerd libertarian monopoly money, crashes, no one surprised (user search)
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  "Bitcoins," Internet nerd libertarian monopoly money, crashes, no one surprised (search mode)
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Author Topic: "Bitcoins," Internet nerd libertarian monopoly money, crashes, no one surprised  (Read 9210 times)
DINGO Joe
dingojoe
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« on: February 03, 2018, 03:52:46 PM »
Saw an ad on tv today for a commemorative "bitcoin" to celebrate the revolutionary new digital currency.  It a physical 24 kt goldplated coin put out by the Franklin mint.  This is genius.  Buy some for your kids today, you'll be glad you did.
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DINGO Joe
dingojoe
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« Reply #1 on: February 03, 2018, 10:11:15 PM »
Quote from: BundouYMB on February 03, 2018, 09:48:12 PM
If you want to read something really depressing, read this WaPo article about young libertarians duping old farmers into putting their retirement savings into bitcoin: https://www.washingtonpost.com/business/economy/bitcoin-is-my-potential-pension-what-is-driving-people-in-kentucky-to-join-the-craze/2018/02/03/aaaea3be-05dc-11e8-b48c-b07fea957bd5_story.html?utm_term=.7626e334f652

For all intents and purposes bitcoin is a pyramid scheme, so at least these people will probably go to jail at some point.

Maybe the farmers can make it back by planting tulip bulbs.
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